Billions of New Jersey’s federal COVID-19 funding has yet to be spent
More than $5 billion in funds the federal government gave New Jersey for COVID-19 relief in 2021 has yet to be spent, a report from the state’s auditor found.
In May 2021, New Jersey received $6.24 billion through the U.S. Department of Treasury’s State Fiscal Recovery Funds. Of that, $1.1 billion has been spent, according to an informational report from the state auditor, David Kaschak. The remaining money has been allocated but not spent.
