Part 1: U.S. Treasury Webinar on Reporting Guidelines for the State and Local Fiscal Recovery Funds
Available On-Demand
This webinar is available on-demand. If you have issue accessing the recording, please email nacomeetings@naco.org.
Join NACo for a review of the Treasury Department’s webinar on reporting guidelines and compliance requirements for the Coronavirus State and Local Fiscal Recovery Fund program. NACo staff will be available to answer questions on the upcoming deadline for the Project and Expenditure Report, which is due April 30.
Watch Recording
OMB proposes major change to federal grant administration
Counties have until July 13 offer comment on a wide reaching regulation affecting all federal grants to counties. A June 15 webinar will go into detail about the changes counties need to note as they budget for federal awards.
SEC Finalizes FTDA Phase 1 Final Rule
On June 8, the U.S. Securities and Exchange Commission (SEC), in coordination with other federal financial regulatory agencies, finalized a rule implementing the Financial Data Transparency Act of 2022 (FDTA) marking the completion of Phase 1 out of 2.
NACo urges adequate FY 2027 Census Bureau funding to support the 2030 Census
NACo urges Congress to fully fund the U.S. Census Bureau in FY 2027, consistent with the administration’s budget request, to support 2030 Census preparation.
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.).