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County. There are two exceptions to this in the current ARP program funding. First, the County exceeded the initial CARES Act allocation of $2.6 million for the Small Business Assistance Program. Additional small businesses had requested funding, so the Board of County Commissioners approved an additional allocation of $1 million from ARP funds. As we have reopened and experienced significant economic recovery from COVID-19 over the last several months, the number of applicants has been reduced significantly. This is illustrated in the chart below, which shows total applications processed per month since the beginning of the program. Based upon the current state of the economy (4.3% unemployment in September), and the lack of recent applications from small businesses, staff recommends that the Board of County Commissioners authorize staff to sunset this program on December 31, 2021. As of this writing, the County has provided assistance totaling $2,841,000 to 318 small businesses in Indian River County. 80 70 60 c .Q s0 Q Q 40 0 30 E Z 20 10 0 Small Business Grant Applicants by Month Program Month The second community support program funded with ARP dollars aimed at the earlier stages of the pandemic is the Nonprofit Assistance Program. The Board of County Commissioners did discuss potentially funding a program from nonprofit assistance with CARES Act dollars, however, no funds remained for allocation. Therefore, the Board approved an allocation of $500,000 for the Nonprofit Assistance Program from ARP funds. As of this writing, the County has provided assistance totaling $200,000 to 20 nonprofit agencies in Indian River County. Similar to the Small Business Assistance Program, applications for funding have declined substantially over the last few months as shown in the chart below. Therefore, County staff recommends a sunset date of December 31, 2021 for the Nonprofit Assistance Program. 21