Public Accountability Report Public Accountability Report

2024 COVID-19 Pandemic Response
Mission Statement To provide economic support to Illinois businesses and cover local government costs eligible for payment from the federal Coronavirus Relief Fund in accordance with Section 5001 of the federal CARES Act, the American Rescue Plan Act, and related federal guidance.
Program Goals and Objectives
  1. Provide economic relief for businesses hit hardest by COVID-19.
    1. Provide grants and loan forgiveness to Illinois businesses experiencing disruption attributable to the COVID-19 pandemic.
    2. Provide outreach and technical assistance to Illinois businesses experiencing disruption attributable to the COVID-19 public health emergency.
  2. Provide economic relief for Illinois Local Governments responding to the COVID-19 public health emergency.
    1. Provide reimbursement for necessary expenditures related to COVID-19 response.
    2. Provide reimbursement for local government-administered business economic support programs.
Source of Funds State Coronavirus Urgent Remediation Emergency Fund Statutory Authority 20 ILCS 605/605-30; 20 ILCS 60
Fiscal Year 2025 Target/Projected Fiscal Year 2024 Actual Fiscal Year 2024 Target/Projected Fiscal Year 2023 Actual Fiscal Year 2022 Actual
Input Indicators
Total expenditures - all sources (in thousands) $ 149,477.0 $ 147,847.2 $ 204,272.4 $ 155,339.2 $ 277,313.0
Total expenditures - state appropriated funds (in thousands) $ 149,477.0 $ 147,847.2 $ 204,272.4 $ 155,339.2 $ 277,313.0
Average monthly full-time equivalents 0.0 0.0 0.0 0.0 0.0
Output Indicators
Number of contacts made through direct technical assistance 5,000 73,956 5,000 0.0 286,302
Number of Hotels, Restaurants, and Creative Sector financial awards provided (a) 0.0 3,940 0.0 0.0 0.0
Number of Hotels, Restaurants, and Creative Sector financial awards provided to minority-owned businesses (a) 0.0 1,465 0.0 0.0 0.0
Average size of Hotels, Restaurants, and Creative Sector financial awards (in dollars) (a) $ 0.00 $ 42,245.00 N/A N/A $ 0.00
Number of Rebuild Downtowns and Main Street project completed (a) 20.0 0.0 30.0 0.0 0.0
Amount of cumulative investment leveraged for completed Rebuild Downtowns and Main Streets program (in millions) (a) $ 43.6 $ 0.0 $ 65.4 $ 0.0 $ 0.0
Number of Regional Planning to Spur Economic Recovery plans completed (a) 4.0 37.0 38.0 0.0 0.0
Footnotes
This is a new metric for fiscal year 2024.

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