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Releases included customizable payroll reports, a simplified Paycheck Protection Program (PPP) Loan Forgiveness tracker and a streamlined PPP application report that’s been downloaded more than 80,000 times to date. Nationwide, Gusto enabled more than $2.5 billion worth of approved PPP loans.
The Paycheck Protection Program allows entities to apply for low-interest private loans to pay for payroll and certain other costs. A PPP loan amount is approximately equal to 2.5 times the applicant's average monthly payroll costs. Sometimes, an applicant may receive a second draw typically equal to the first.
The CityTime payroll scandal was a 2003–2010 public corruption scandal in which several contractors, namely from SAIC, fraudulently inflated project costs for implementing the New York CityTime electronic payroll and timekeeping system.
The portal includes data on a variety of city finances, including the current fiscal year's budget and five year capital plan, and ongoing revenues, expenditures and vendors used.
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