NSITE DOCUMENT
SLFRPFAQ.pdf
- Library: Purchissues
- Year Created: 2021
- File Type: PDF
The document provides guidelines and reporting requirements for recipients of the Coronavirus State and Local Fiscal Recovery Funds program. Recipients must submit annual reports detailing expenditure categories and eligible uses to Treasury by April 30 each year. States, territories, metropolitan cities, and counties with populations over 250,000 residents must also submit a Recovery Plan Performance Report annually. The document covers the Uniform Guidance for grants, eligible use categories, reporting requirements, and the application process for funds. Recipients are encouraged to use funds for government services to the extent of revenue reduction and must describe the services provided. Transparency, accountability, and effective financial management are emphasized, along with rules on asset retention, administrative fund use, interest remittance, and eligibility criteria for entities. Compliance with program requirements, such as having a DUNS number, SAM registration, and an active ACH account for direct deposit, is necessary. The document also explains the definitions of general revenue, utility revenue, and entities considered part of a recipient's government for revenue calculation purposes.