Colorado awarded $17.93 billion in federal COVID-19 relief

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Published Friday, May 29, 2020
by The Center Square

Colorado has received $17.93 billion in federal coronavirus relief aid as of May 19, the 16th highest amount among all 50 states relative to the number of its Covid-19 cases and resulting economic disruption, according to an analysis by 24/7 Wall St.

The federal funding received by Colorado per Covid-19 case was $797,546, while federal funds per jobless claim in the state since March stood at $45,894, the study by the financial news and opinion website concluded. 

As of mid-March, the number of jobless claims filed in the state amounted to 12.5 percent of the labor force, according to 24/7 Wall St. And Covid-19 cases in Colorado numbered 395 for every 100,000 state residents, the analysis said.

Congress has signed off on more than $3 trillion in coronavirus relief funds since late March, with the money going to individuals, businesses, and state and local governments. The formula for distributing the funds, however, often did not reflect the severity of each state's Covid-19 outbreak, the study's authors found.

Federal Aid to States, Relative to Covid Severity (Highest to Lowest)

Rank

State

Federal Funding Disbursed as of May 19 (in Billions)

Federal Funding per Covid-19 Case

Federal Funding per Jobless Claim Since March

Jobless Claims as % of Labor Force

Covid Cases per 100,000

1

Wyoming

$2.95

$5,106,612

$84,806

12.1%

100

2

Montana

$4.14

$8,795,533

$42,607

18.5%

44

3

Alaska

$3.44

$8,625,278

$38,824

25.7%

54

4

South Dakota

$3.86

$958,578

$90,229

9.3%

456

5

Vermont

$3.09

$3,278,361

$49,292

18.3%

151

6

North Dakota

$3.87

$1,941,429

$59,841

16.2%

262

7

Utah

$9.54

$1,291,450

$62,362

9.6%

234

8

Idaho

$5.54

$2,258,119

$42,562

15.0%

140

9

Oregon

$12.45

$3,342,489

$34,674

17.1%

89

10

Hawaii

$5.18

$8,087,307

$23,389

33.3%

45

11

West Virginia

$4.98

$3,299,329

$34,905

18.1%

84

12

Texas

$78.81

$1,578,885

$40,598

13.9%

174

13

Maine

$4.94

$2,838,461

$36,612

19.7%

130

14

Nebraska

$6.63

$611,195

$56,584

11.4%

562

15

Arkansas

$7.58

$1,539,032

$37,412

14.9%

163

16

Colorado

$17.93

$797,546

$45,894

12.5%

395

17

Missouri

$17.70

$1,597,058

$33,415

17.3%

181

18

Illinois

$41.28

$421,127

$42,712

15.0%

769

19

Oklahoma

$10.97

$1,998,447

$27,141

22.0%

139

20

New Mexico

$5.58

$901,637

$40,140

14.7%

296

21

Tennessee

$18.49

$1,006,330

$37,586

14.8%

271

22

Wisconsin

$17.56

$1,363,180

$33,834

16.7%

222

23

Delaware

$3.78

$470,913

$41,761

18.8%

831

24

Kansas

$9.04

$1,084,349

$37,282

16.4%

286

25

Arizona

$18.34

$1,293,967

$33,429

15.6%

198

26

California

$118.68

$1,450,958

$28,203

21.7%

207

27

Florida

$60.85

$1,296,143

$30,605

19.4%

220

28

New Hampshire

$5.12

$1,377,169

$28,264

23.6%

274

29

North Carolina

$26.22

$1,330,881

$29,478

17.6%

190

30

South Carolina

$12.59

$1,389,713

$25,489

20.9%

178

31

Virginia

$23.87

$781,647

$35,070

15.5%

359

32

Kentucky

$11.50

$1,424,909

$15,489

36.1%

181

33

Maryland

$18.17

$437,227

$36,843

15.3%

688

34

New York

$74.82

$212,949

$37,312

21.0%

1,798

35

Ohio

$34.43

$1,189,167

$29,413

20.3%

248

36

Minnesota

$18.54

$1,088,796

$29,261

20.5%

303

37

Mississippi

$7.52

$642,645

$30,897

19.2%

392

38

Iowa

$9.39

$613,690

$31,279

17.5%

485

39

Alabama

$12.94

$1,045,488

$27,446

21.0%

253

40

Washington

$22.68

$1,218,495

$21,085

27.7%

247

41

Indiana

$19.04

$663,325

$29,569

19.0%

429

42

Nevada

$8.42

$1,192,485

$19,215

28.6%

233

43

New Jersey

$31.98

$214,617

$30,557

23.5%

1,673

44

Massachusetts

$24.65

$280,363

$29,866

21.7%

1,274

45

Pennsylvania

$39.35

$618,024

$21,974

27.8%

497

46

Georgia

$28.70

$738,680

$15,637

35.9%

369

47

Michigan

$30.62

$584,916

$22,285

27.9%

524

48

Rhode Island

$4.31

$332,864

$27,033

28.9%

1,225

49

Louisiana

$14.23

$406,022

$23,730

28.8%

752

50

Connecticut

$11.94

$313,377

$20,026

31.5%

1,067

Source: 24/7 Wall St.

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