WebFeb 24, 2024 · Knapp-Sanders Building Campus Box 3330 UNC Chapel Hill Chapel Hill, NC 27599-3330 T: 919.600.7874 WebThe [UNIT] shall allocate program income to the ARP/CSLFRF award in proportion to the pro rata share of the total funding (e.g., if CSLFRF funds cover half of a project’s cost, with general revenue covering the other half, the unit shall allocate 50% of any program income earned to the ARP/CSLFRF award and account for its use pursuant to ...
GAQC Alert No. 439 - AICPA
WebApr 11, 2024 · Local governments with ARP/CSLFRF allocations between $0 and $10 million complete the report yearly, with the next report also due by April 30, 2024. This blog post is focused on these $0 to $10 million units and addresses frequently asked questions about the report and other basic ARP/CSLFRF issues. REVENUE REPLACEMENT … WebMany provisions contained in the Uniform Guidance apply to the CSLFRF [2] program under assistance listing number 21.027, [3] including the Cost Principles and Single Audit Act requirements. Noncompliance with the Uniform Guidance could ultimately lead to an audit finding in areas such as Internal Controls, Reporting, Cash Management ... how does an old septic tank work
GAQC Alert No. 436 - AICPA
Treasury has published detailed allocation information for the Coronavirus State and Local Fiscal Recovery Funds: 1. Allocation Methodology for States (PDF) 2. Allocation for States (PDF) / Allocation for States (CSV) 3. Allocation Methodology for Non-Entitlement Units (Aggregate State Totals) (PDF) 4. Allocation for … See more Recipients may use SLFRF funds to: 1. Replace lost public sector revenue, using this funding to provide government services up to the amount of revenue lost due to the pandemic 2. Respond to the far-reaching public … See more The Final Ruleprovides the rule text and supplemental information. The Overview of the Final Ruleprovides a summary of major rule provisions … See more Funding from the Coronavirus State and Local Fiscal Recovery Funds is subject to the requirements specified in the Final Rule released by Treasury on January 6, 2024. Treasury released an Overview of the Final Rule, which … See more Eligible state, territorial, metropolitan city, county, and Tribal governments may request their allocation of Coronavirus State and Local Fiscal Recovery Funds through the Treasury … See more WebCSLFRF (Assistance Listing Number – 21.027) “The purpose of the Coronavirus State and Local Fiscal Recovery Funds (“CSLFRF”) is to provide direct payments to states (defined to include the District of Columbia), US territories (defined to include Puerto Rico, US Virgin Islands, Guam, Northern Mariana WebThe Coronavirus Local Fiscal Recovery Fund provides a critical source of relief for these smaller local governments, many of which had not previously received direct fiscal assistance from the federal government since the onset of the COVID-19 pandemic. FUNDING FOR NON-ENTITLEMENT UNITS OF LOCAL GOVERNMENT Non … how does an old lady dress