Date Issued
Submitting OIG
Vermont State Auditor
Agencies Reviewed/Investigated
State of Vermont
Report Number
NA
Report Description
the program guidance issued by ACCD on April 27, 2021 for the Economic Recovery Bridge Grant program uses 2020 federal tax loss to establish eligibility for grants consistent with the requirements of H.315 (Act 9). Focusing on tax loss may help target limited resources to businesses that need assistance to remain viable. However, clarification is needed in the program guidance to avoid reliance on a tax-based measure that is not representative of losses associated with the COVID-19 public health emergency and to prevent grant awards that exceed business need.
Report Type
Other
Agency Wide
Yes
Location
VT
United States
Professional Standard
Other
Questioned Costs
$0
Funds for Better Use
$0