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This blog is maintained as an effort to coordinate and collocate responding agencies' information for easier public access during events on the Kenai Peninsula. The information here is written and provided by the contributing agencies. NOTE: The blog will be updated as the need arises and may be dormant at times.

Thursday, September 17, 2020

09/17/20: Did you know that gross revenue is all income calculated before expenditures?

The Borough's CARES Act Relief Fund grant for a business or nonprofit is determine using documentation that verifies 2019 gross revenues. What was your total gross revenue reported last year? Look below to determine the possible grant award.

The verification is the same for small businesses and nonprofit organizations but the documentation may be different. Learn more or how to apply today at https://cares.kpb.us or call 907-714-2153.

Note: All grant awards are subject to availability of funds. If the demand for grants exceeds the Borough’s available funds, the Borough reserves the right to adjust the grant amounts to all recipients to stay within available funding. Application period ends September 25, 2020 at 5PM. 

Grants Will Be Divided into Five Levels:

Up to $1,750 based on 2019 gross revenues of $20,000 to $50,000

Up to $3,500 based on 2019 gross revenues of $50,001 to $100,000

Up to $8,750 based on 2019 gross revenues of $100,001 to $250,000

Up to $17,500 based on 2019 gross revenues of $250,001 to $500,000

Up to $35,000 based on 2019 gross revenues of more than $500,000



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