The “Total Federal Amount ARRA Funds Received/Invoiced” data element will not reconcile with the number that will be reported for the quarterly SF272 cash transaction report. Is that a problem?
(Updated: 08/27/2009) Due to the timing of the required reports, it is recognized that the Total Federal Amount ARRA Funds Received/Invoiced figure reported for the Section 1512 quarterly report may differ from that submitted on the quarterly SF272. Grantees should report figures to the best of their knowledge and ability at the time each report is due. • Who is responsible for the quality of data submitted under Section 1512 of the Recovery Act? Prime recipients, as owners of the data submitted, have the principal responsibility for the quality of the information submitted. Sub-recipients delegated to report on behalf of prime recipients share in this responsibility. Agencies funding Recovery Act projects and activities provide a layer of oversight that augments recipient data quality. Oversight authorities including the OMB, the Recovery Board, and Federal agency Inspectors General also have roles to play in data quality. The general public and non-governmental entities interested in
Related Questions
- The "Total Federal Amount ARRA Funds Received/Invoiced" data element will not reconcile with the number that will be reported for the quarterly SF272 cash transaction report. Is that a problem?
- Why weren’t federal funds that Minnesota received in 2009 from the American Recovery and Reinvestment Act (ARRA) used for this project?
- Does the Total Federal Amount of ARRA Expenditure need to equal the Total Federal Amount ARRA Funds Received/Invoiced?
