US Treasury Information

The US Treasury now has the Coronavirus State and Local Fiscal Recovery Funds where you can learn more about COVID economic relief for your municipality.  Information Includes:

NEWS & UPDATES

On April 15, 2021, The U.S. Department of Treasury laid out on their website the steps that metropolitan cities and non-entitlement units of local government need to take to receive their grants from the American Recovery Plan Act (ARPA). These steps should be taken as soon as possible to ensure cities, towns and villages receive their funds in a timely fashion. 

As soon as possible, metropolitan cities should take the steps below. In Maryland, metropolitan cities include: Annapolis, Baltimore, Bowie, Cumberland, Frederick, Gaithersburg, Hagerstown, and Salisbury

  1. Ensure the entity has a valid DUNS number. A DUNS number is a unique nine-character number used to identify an organization and is issued by Dun & Bradstreet. The federal government uses the DUNS number to track how federal money is allocated. A DUNS number is required prior to registering with the SAM database, which is outlined below. Registering for a DUNS number is free of charge.
    If an entity does not have a valid DUNS number, please visit https://fedgov.dnb.com/webform/ or call 1-866-705-5711 to begin the registration process.
  1. Ensure the entity has an active SAM registration. SAM is the official government-wide database to register with in order to do business with the U.S. government. All Federal financial assistance recipients must register on SAM.gov and renew their SAM registration annually to maintain an active status to be eligible to receive Federal financial assistance. There is no charge to register or maintain your entity SAM registration.
    If an entity does not have an active SAM registration, please visit, SAM.gov to begin the entity registration or renewal process. Please note that SAM registration can take up to three weeks; delay in registering in SAM could impact timely payment of funds.
    Click here for a quick overview for SAM registration
  1. Gather the entity's payment information, including:
    • Entity Identification Number (EIN), name, and contact information
    • Name and title of an authorized representative of the entity
    • Financial institution information (e.g., routing and account number, financial institution name and contact information)

Eligible Non-entitlement Units of Local Government will receive a distribution of funds from their respective state government. In Maryland, the 149 other municipalities not listed as a "metropolitan city" are considered "Non-entitlement units of local government" 

For these Non-entitlement units of local government, Treasury will allocate and pay funds to state governments, and the state will distribute funds to non-entitlement units of local government in proportion to population. Non-entitlement units must have a valid DUNS number to meet reporting requirements under the program. If an entity does not have a valid DUNS number, please visit https://fedgov.dnb.com/webform/ or call 1-866-705-5711 to begin the registration process.

The U.S. Department of Treasury stated that program guidance for Coronavirus State and Local Fiscal Recovery Fund will be released in the coming weeks.


IMPORTANT UPDATE - May 24, 2021

Treasury released additional guidance for Non Entitlement Units (NEUs) which includes all but 9 municipalities in Maryland.  The 8-page document provides further information on eligibility and a step-by-step guide for states to allocate and distribute funds to their NEUs.  Included in this document is reference to the need for all NEUs to register in SAM.gov as soon as possible after receiving the award if the NEU is not already registered.


IMPORTANT UPDATE - May 10, 2021

The US Treasury just released further guidance on the American Rescue Plan (ARP) as it relates to the Coronavirus State and Local Fiscal Recovery Funds.

USE OF FUNDS:
Today they adopted the Interim Final Rule which specifies the requirements for Coronavirus State and Local Fiscal Recovery Fund expenditures. The Treasury has submitted this document to the Office of the Federal Register (OFR) for publication and is currently pending placement on public display at the OFR and publication in the Federal Register, at which point it will become the official document.

ALLOCATIONS:
 
Treasury has also published detailed allocation information for the Coronavirus State and Local Fiscal Recovery Funds.  For municipalities considered “Metropolitan Cities” of which Maryland has nine, the allocations are listed by state in this Treasury document.  For municipalities considered “Non-Entitlement Units,” which includes the other 148 municipalities in Maryland, the Treasury presently only has aggregate numbers at the state level.  However, the state aggregate for Maryland for non-entitlement units went from a first draft of $448 Million to $528 Million. Treasury expects to provide further guidance on distributions to non-entitlement units in the coming days.


IMPORTANT UPDATE - May 5, 2021

The Single Audit Act - The Single Audit Act requires that all non-federal entities that expend more than $750,000 in federal awards in a year are required to obtain an audit in accordance with the Single Audit Act Amendments of 1996, the U.S. Government’s Office of Management and Budget’s Circular A-133, the U.S. Government’s Office of Management and Budget’s Circular Compliance Supplement and Government Auditing Standards. A single audit is intended to provide a cost-effective audit for non-federal entities, so one audit would be conducted in lieu of multiple audits of individual programs.

NLC suggests that municipalities begin budgeting to hire an auditing firm for a single audit if they believe they will expend more than $750,000 in federal awards in a year.

At this moment, it is unclear whether the funds from the American Rescue Plan Act can be used to pay auditors. In a call with Treasury and White House officials, NLC pushed hard for this to be an allowable use of funds under the American Rescue Plan Act.


IMPORTANT UPDATE - April 16, 2021:

DUNS Number - In order to receive ARP Funds, all municipalities must ensure they have a valid DUNS number. A DUNS number is a unique nine-character number used to identify an organization and is issued by Dun & Bradstreet. The federal government uses the DUNS number to track how federal money is allocated. A DUNS number is required prior to registering with the SAM database, which is outlined below. Registering for a DUNS number is free of charge.
If an entity does not have a valid DUNS number, please visit https://fedgov.dnb.com/webform/ or call 1-866-705-5711 to begin the registration process.

Please see our US Treasury Guidance page for more details.