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Taylor Caswell, head of GOFERR, said less than $1 million is left of $1.25b in CARES ACT funds. (COURTESY PHOTO)

CONCORD — The state has $991,120 left of its $1.25 billion CARES Act funds and is “squarely on track to spend these dollars down to the penny” by the end of the calendar year, Taylor Caswell, director of the Governor’s Office for Emergency Relief and Recovery, told the Legislative Advisory Board on Monday.

“We are all running out of resources,” Caswell said, without a new stimulus package from Washington.

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