Date Issued
Submitting OIG
Vermont State Auditor
Agencies Reviewed/Investigated
State of Vermont
Report Number
NA
Report Description
Similar to the Economic Recovery Grant (ERG) programs, the Gap program requires that businesses demonstrate economic loss due to COVID-19 but does not define economic loss. If ACCD uses revenue loss to measure economic loss for businesses that were in operation prior to the pandemic, the Gap program will be exposed to the same risk the Joint Fiscal Office pointed out in its November 2020 memo to the Joint Fiscal Committee regarding the ERG program
Report Type
Other
Agency Wide
Yes
Location
VT
United States
Professional Standard
Other
Questioned Costs
$0
Funds for Better Use
$0