Federal Aid Received by NYS Local Governments and School Districts under the Coronavirus Response and Relief Supplemental Appropriations Act and the American Rescue Plan Act

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accounting bulletin, american rescue plan, federal aid, coronavirus response and relief supplemental appropriations act, CRRSA, local governments, school districts, fiscal oversight, federal aid revenues, coronavirus, coronavirus local fiscal recovery fun
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This guidance document expands upon the importance of proper fiscal oversight, as discussed in our July 2020 Coronavirus Aid, Relief and Economic Security (CARES) Act Information bulletin. It also identifies the main source of revenues available under the Coronavirus Response and Relief Supplemental Appropriations (CRRSA) Act and the American Rescue Plan (ARP) Act to local governments and school districts in NYS. Lastly, it addresses how local government and school district officials should account for CRRSA Act and ARP Act revenues and pandemic-related expenditures.
Updated October 2021 (Originally Issued June 2021)