ARPA FAQ.pdf

The document provides detailed guidelines and requirements for the Recovery Plan Performance Reports related to the Coronavirus State and Local Fiscal Recovery Funds program. It outlines the submission of annual reports by certain entities, covering funded projects, performance indicators, and objectives over a 12-month period. These reports must be submitted to Treasury within specified timelines. Recipients are expected to use funds for government services according to eligible use categories and restrictions. The document also addresses rules for retaining assets purchased with funds, using funds for administrative purposes, and remitting interest earned on payments. It further explains eligibility criteria, payment request processes, and the importance of secure digital identity verification. Transparency, accountability, and effective financial management are highlighted as key principles for recipients of the Fiscal Recovery Funds.