U.S. Treasury releases video walkthrough of reporting portal; Fiscal Recovery Fund reports deadline August 31
The U.S. Treasury Department released a step-by-step video walkthrough of the Treasury Portal for the Interim Report and Recovery Plan. In working with Treasury, NACo had requested a step-by-step video walkthrough for county leaders.
Watch the full webinar above, or click here to watch the recording in a new window. For individual clips, click below to watch:
- Webinar Overview
- Reporting Basics
- Navigation and Logistics
- Interim Report
- Recovery Plan Performance Report
- FAQs and Key Terminology
Counties that receive funding from the State and Local Fiscal Recovery Fund are required to meet compliance and reporting responsibilities. On August 31, both the Interim Report and the Recovery Plan Performance Report are due to the U.S. Treasury Department.
The Interim Report must be completed by all counties that have certified for Recovery Funds. However, counties that did not receive Recovery Funds until after July 15, 2021, may submit an Interim Report within 60 days of receiving funds. Additionally, the Recovery Plan Performance Report must be completed by counties that have a population of 250,000 and above. Treasury released a user guide, which includes step-by-step guidance for submitting the required reports using Treasury’s Portal. Counties can submit their reports through Treasury’s Submission Portal.
Other helpful resources include:
- Additions to the Frequently Asked Questions about eligible expenditures on Treasury’s webpage. Treasury has not yet released the Final Rule for the Recovery Fund, but NACo members should reference the Interim Final Rule for any expense eligibility question.
- Treasury resources include a Recovery Plan template, which details required information for the Recovery Plan Performance Report, and webinar recordings geared towards specific recipient groups.
NACo is in close communication with Treasury officials about specific requirements included in both reports. View NACo's updated FAQ document or ask our experts a question.
Advocacy
U.S. Department of Treasury unveils changes to the State and Local Fiscal Recovery Fund Final Rule obligation definition
Related News
Treasury publishes new Do Not Pay matching program notice; NACo evaluating for comment
On May 18, the U.S. Department of the Treasury (Treasury) published a Federal Register notice establishing a new computer matching program under the Privacy Act of 1974. The notice authorizes Treasury to compare records held by about 40 of its programs against the Do Not Pay (DNP) Working System, a centralized verification portal operated by Treasury’s Bureau of the Fiscal Service. NACo will be submitting comments.
OMB proposes major overhaul of federal grant rules
On May 29, the U.S. Office of Management and Budget (OMB), in coordination with all federal grantmaking agencies, published a proposed rule in the Federal Register rewriting 2 Code of Federal Regulations (CFR) Part 200 which is commonly referred to as Uniform Guidance, 2 CFR Part 200. This is the regulation that governs federal grants administered by all federal agencies that applies to counties and other entities. Teh proposed ruling includes substantial changes to federal code.
NACo endorses the MINT Act to restore a proven credit enhancement tool for county bonds
NACo sent a letter to the U.S. Senate endorsing the Municipal Investment and Neighborhood Transformation Act (S. 3941), or MINT Act, bipartisan legislation introduced by Sens. Catherine Cortez Masto (D-Nev.), Todd Young (R-Ind.) and Jim Justice (R-W.Va.).