COVID-19 Response and Recovery

Weekly Financial Report - For the Week Ending July 10, 2020


Current Initiatives

The Pierce County Council authorized release of the remaining 40 percent of federal CARES Acts funding at its July 7, 2020 meeting. This past week, allocations were made to support the public health emergency response to COVID-19, and continue expansion of economic recovery and community resilience programs.
Public Health Emergency Response – Allocations build capacity in two critical areas for the County’s response to COVID-19: diagnostic testing and case and contact investigations.
Economic Stabilization and Recovery Programs – Funding is allocated to expand the reimbursable grant program for small businesses, commercial properties, and industrial and manufacturing businesses. Support is also provided for the agriculture industry, and vocational students whose education is impacted by COVID-19 restrictions.
Community Response and Resilience – A number of allocations expand programs supporting community needs, including mortgage and rental assistance, affordable housing, emergency food support, seniors, childcare for first responders, and Veterans assistance.

COVID-19 in Pierce County

Tacoma-Pierce County Health Department
Data is provided by the Tacoma-Pierce County Health Department. Additional data on COVID-19 is available on the Tacoma-Pierce County Health Department dashboard
Washington State Department of Health
Use the interactive chart below to select and view metrics for Pierce County. 
Additional data on COVID-19 is available on the Washington State Department of Health's dashboard and the state's COVID-19 risk assessment dashboard

CARES Act Funding Allocations 

The federal Coronavirus Aid, Relief, and Economic Security (CARES) Act passed by Congress allocated federal funds to jurisdictions across the country with populations over 500,000. The amount provided to each entity was based on population size.  Pierce County received an allocation of approximately $158 million. 
Through the week ending July 10th, a total of $110,634,291 has been allocated. 
  • $55,064,055 to Public Health Emergency Response
  • $26,500,000 to Economic Stabilization and Recovery Programs
  • $21,750,000 to Community Response and Resilience
  • $7,320,236 to Essential Government Services
View all CARES Act funding allocations here, or download the dataset here
For the week ending July 10th, a total of $31,464,055 has been allocated.
  • $14,864,055 to Public Health Emergency Response
  • $8,500,000 Economic Stabilization and Recovery Programs
  • $8,100,000 to Community Response and Resilience
  • $0 to Essential Government Services

CARES Act Funding Expenditures

  • Through July 9, $16.2 million of CARES Act funding allocations have been expended. 

Pierce County COVID-19 Expenditures

  • Through July 9th, Emergency Management has expended $4,851,700 million towards the County's COVID-19 response. 
  • $1.2 million in Federal Emergency Management Agency (FEMA) grant funding has been identified to cover the costs for the Temporary Care Center (Hosmer) and Recovery Innovations reserved beds for two additional months.     

Grant Funding

  • Departments have identified 18 grants for a total of $185,330,554 in COVID-19 funding.
  • The CARES Act funding represents $157,912,031 of the total.

Emergency Small Business Relief Loan Program

  • 420 loans have been approved and accepted through July 9th with a total of $2,473,000 in funds to be distributed or pending distribution. 38 companies are in the pipeline with an approximate loan value of $182,000.
  • More than 670 applications have been received since program inception. 
  • On June 28th, an Ordinance of the Pierce County Council went into effect providing loan forgiveness to businesses implementing workplace safety plans. To date, 43 loan recipients have applied for loan forgiveness.
Additional data on the Emergency Small Business Relief Loan Program is available here.


Economic Indicators

Permits by Sector
Unemployment
  • For the week of June 28 to July 4, initial claims filed decreased from 3,950 to 3,509, down 11.2% from the week before.
Pierce County Initial Weekly Unemployment Claims
Pierce County Initial Weekly Unemployment Claims by Sector
Monthly Unemployment Rate
  • In April, Pierce County's monthly unemployment rate reached 18.7%, decreasing to 16.9% in May. Pierce County has the highest unemployment rate among neighboring counties.
Total Unemployment Claims
  • Total unemployment claims in Pierce County continued to increase, from 104,485 initial and continued claims in April to 127,604 in May.