Wyoming CARES funding disbursement process is up for discussion

Earlier in August, the State Loan and Investment Board (SLIB) held a meeting to review and disperse CARES Act funds to the numerous applications submitted from across Wyoming.

One of the concerns raised was the rapid depletion of funds with the current process since it is essentially a first-come, first-serve system with a limited amount of money. During the meeting, SLIB, the Chairman, and Governor Gordon suggested moving to an allocation model for local governments, healthcare facilities, and the Tribes.

The SLIB has provided a sample model of what that allocation could look like for each of those entities, and are now soliciting public feedback on the sample model. Please note, this is NOT the exact allocation model that would be enacted if passed, but only an allocation example.

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The examples provided by SLIB can be reviewed by clicking the links below:

Public comments can be submitted no later than close of business on Monday, August 24, 2020 to OSLI at [email protected] or by calling Beth Blackwell at (307) 777-7331. The next SLIB meeting is scheduled for August 27th.

You can also visit the SLIB website for more information.

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