Cook County, IL developed an Equitable Distribution Model for CARES Act Funding
Cook County, IL Equitable Distribution Model CARES Act Funds
Cook County's Bureau of Finance partnered with the Chicago Metropolitan Agency for Planning to develop an Equitable Distribution Model for CARES Act Funding. The Equitable Distribution Model considered the rising COVID-19 related costs experienced by all municipalities and the capacity of various municipalities to respond to those costs in light of unequal investments in those communities. The model utilized statistical analysis, demographic data, and regional cooperation to distribute funds.
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Cook County CARES Act Equitable Distribution Model | Cook County Open Data
Cook County crafts formula for CARES Act funding distribution with emphasis on struggling areas, aims to right inequities among suburbs during COVID-19 pandemic – Chicago Tribune
Cook County government officials are expected to consider an “equitable funding formula” that guides how $51 million in federal stimulus money will be distributed among suburban municipalities, with a focus on historically neglected communities confronting a greater peril of financial wreckage from the coronavirus pandemic, the board president said.
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Cook County received a 2021 Award for Excellence in Government Finance from the Government Finance Officers Association.
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