Counties with a population that exceeds 250,000 residents or received more than $10 million in Recovery Funds must submit their first quarterly Project and Expenditure Reports by January 31.
The Coronavirus State and Local Fiscal Recovery Fund (Recovery Fund), authorized under the American Rescue Plan Act (ARPA), delivers $65.1 billion to counties across America. As part of the program, recipients must submit reports to the U.S. Department of Treasury.
On January 31, 2022, the first quarterly Project and Expenditure Report is due for counties that have certified for Recovery Funds and have a population that exceeds 250,000 residents or received over $10 million in Recovery Funds.
The U.S. Department of the Treasury announced that it would be issuing a complete user guide for Project and Expenditures Report in the coming days to help counties complete these reports.
For counties required to submit the first quarterly report on January 31, 2022, this initial report will cover three calendar quarters from March 3, 2021, to December 31, 2022.
For more information on reporting requirements and deadlines for the Fiscal Recovery Fund, please review Treasury’s Compliance and Reporting Guidance. The compliance and reporting guidance also provides important information on how to track Fiscal Recovery Fund expenditures and how counties can ensure subrecipients are in compliance with these requirements.
Visit NACo’s State and Local Fiscal Recovery Fund Resource Hub for more information.