The city of Richardson looks to be one of the biggest beneficiaries of Dallas County’s decision to amend its formula for disbursing federal stimulus money to cities.
Richardson fared better than many of its neighbors, according to the data.
At the June 2 McKinney City Council meeting, council will consider deploying a second round of grants to help businesses impacted by COVID-19.
Businesses in Keller, Roanoke and North Fort Worth are taking advantage of less restrictions related to the COVID-19 pandemic.
Applications for the city of Plano’s Small Business Grant Program opened May 28.
City officials in Keller, Roanoke and Fort Worth are searching for cost-saving measures to oset shortfalls in revenue due to the coronavirus pandemic.
Nearly $12 million would be used to help local residents at risk of default on their leases or mortgages as a result of income losses related to the coronavirus-related economic slowdown.
Texas Comptroller Glenn Hegar said the state entered the era of the coronavirus in a healthy financial situation, which bodes well for the future as reopening continues, but that Texans are not out of the woods yet.
The layoffs represent 3% of the health system’s workforce.
The University Interscholastic League released guidelines for allowing sports workouts and marching bands to practice.
The North Texas Food Bank received a $100,000 donation from online retailer Amazon as the nonprofit continues to provide meals for residents in need.
McKinney is among hundreds of Texas cities that experienced a year-over-year monthly decline in sales tax payments during the early part of the coronavirus pandemic, according to state data.
Texas state agencies and institutions of higher education to expect a 5% reduction in budget plans for the 2020-21 biennium as part of the state's response to the economic ramifications of the ongoing coronavirus pandemic.
Richardson residents, business owners and students may be eligible for assistance to help alleviate financial hardships caused by COVID-19.
Roanoke City Council approved an agreement May 12 to provide funding for the Roanoke Stimulus Grant Program, which will contribute up to $200,000 to help keep businesses running “through a time of social distancing,” city officials said.
Plano will help some qualifying residents pay their rent and utility bills, and assist others with hotel-room costs in an effort to prevent people from becoming homeless during the coronavirus crisis.
“Small businesses are having to pivot, and we are seeing that. We are having businesses that had one business model that had to change," said Adriana Cruz, executive director for economic development and tourism in the Office of the Texas Governor.
CARES Act allocations are based on city population and amount to roughly $55 per capita, according to Commissioners Court documents.
Officials anticipate drawing from federal funds to ensure no delays in benefit payments.
The store is currently closed because of coronavirus-related restrictions but is expected to reopen for the liquidation process.
The $2.2 million program called Denton County OPEN started May 13.
Plano-based J.C. Penney filed for bankruptcy protection May 15, a move the company said would help it navigate the difficult business climate during the ongoing coronavirus pandemic.
Nationwide sales of retail, food services plummet in March, April amid social distancing, stay-at-home orders
As many businesses are operating on decreased capacities or have shut down completely, one side effect is a dip in monthly sales for retail and food services.
Gov. Greg Abbott announced earlier this month that gyms could reopen at 25% capacity May 18.
The city of Plano will redirect money from housing rehabilitation programs in order to make a concerted push to prevent residents from becoming homeless during the coronavirus crisis.