The American Recovery and Reinvestment Act (ARRA) of 2009 and You
The American Recovery and Reinvestment Act is an unprecedented effort to jumpstart our economy, save and create millions of jobs, and put a down payment on addressing long-neglected challenges so our country can thrive in the 21st century. The Recovery and Reinvestment Act is an extraordinary response to a crisis unlike any since the Great Depression.
With much at stake, the Act provides for unprecedented levels of transparency and accountability so that you will be able to know how, when, and where your tax dollars are being spent. Spearheaded by a new Recovery Board, this Act contains built-in measures to root out waste, inefficiency, and unnecessary spending.
Organizations such as the National Science Foundation, the National Institutes of Health, the US Departments of Agriculture, Justice, Defense, Energy, the Environmental Protection Agency, and just about any other organizations that is a funding source have all been allocated billions of dollars of Recovery Act funds, also known as stimulus funds. These organizations are now in a position to fund projects and research.
For more information on this opportunity please contact the Office of Sponsored Programs at (478) 822-1063.
The federal government is committed to ensuring that Recovery Act dollars are being spent appropriately. Unprecedented accountability measures will be put into place for recipients of stimulus dollars.
OMB issued preliminary guidance in February of 2009 which outlines steps that Federal agencies must take immediately to meet these objectives. Federal agencies are responsible for identifying ARRA awards and the applicable requirements to the recipient. Normally this information will be in the award terms and conditions. Similarly, recipients are responsible for identifying ARRA awards and applicable requirements to their sub recipients.
Due to the timing of the enactment of the ARRA and the issuance of this Supplement, compliance requirements unique to the ARRA are not included in this Supplement. Therefore, auditors should: (1) review the award documents, including the terms and conditions; (2) check the OMB Management website under Grants Management for any addenda to this Supplement, and (3) use the framework provided by this Supplement (e.g., in Parts 3, 4, 5, and 7) as guidance to identify ARRA compliance requirements material to the Federal program and determine the appropriate audit procedures.
The complete OMB memorandum can be found here:http://www.whitehouse.gov/omb/assets/memoranda_fy2009/m09-10.pdf
|Institution||CFDA #||Name/Category||Federal Agency||Applied ($) **||Awarded ($)||Amt Expended as of 9/30/09|
|Fort Valley State University||10.769||2009 USDA Rural Business Enterprise Grant||United States Department of Agriculture||$99,362.00||$99,362.00||$0.00|
|Fort Valley State University||15.932||FVSU Huntington Hall Restoration Initiative||National Park Service||$2,500,000.00||$0.00||$0.00|
|Fort Valley State University||16.710.||COPS Hiring Recovery Program||United States Department of Justice||$989,145.00||$0.00||$0.00|
|Fort Valley State University||NIJ-2009-2142||Recovery Act: Research and Evaluation of Recovery Act State and Local Law Enforcement Assistance||United States Department of Justice||$306,399.00||Pending||$0.00|
|Fort Valley State University||11.557 and 10.787||FVSU Rural Georgia Broadband Service Initiative||United States Department of Agriculture and the United States Department of Commerce||$81,519,618.00||Pending||$0.00|
|Fort Valley State University||93.709||ARRA Early Head Start Expansion||United States Department of Health and Human Services||$3,506,133.00||Pending||$0.00|
|Fort Valley State University||Not applied for (Granted by the HHS)||Administration for Children and Families||>US Department of Health And Services||N/A||$185,385.00||$0.00|
** The “Applied” column should include all grants applied for even if awarded.