Blog Entry List
The US Treasury has published a template for counties and cities that must file the annual Recovery Plan Performance Report. This report must be filed annually with the Treasury by July 31 (with the last report due March 31 and must be published on the reporting entity’s website).
With the 2021 audit review season, we are continuing our transition to an automated risk-based approach to reviewing your audits. We are experiencing some delays in the 2021 reviews while we implement these changes. We ask for your patience as we transition to the new process.
The UNC School of Government has published a checklist for local governments to use when considering use of ARPA funds for premium pay. We strongly encourage you to review this checklist before making payments to employees. You can access the checklist here.
A unit of government with a June 30 fiscal year end that is seeking debt approval in November or a later month will need to have the fiscal year 2021 audited financial statements and other documents submitted to the LGC staff before the application can proceed. Below are the deadlines for calendar year 2022.
Many of you have been asking about audit due dates, extensions, and amended contracts. If you have a June 30 fiscal year end, the due date for your audit report is October 31. We do not offer extensions for that deadline.
However, we do provide a grace period beginning November 1 through December 1, during which you may submit your audit report without being required to submit an amended audit contract to the LGC. Please note that the amended contract grace period is for LGC purposes only; you or your auditor may choose to pursue an amended contract at any time.
Reminder to all counties and municipalities: The 2021 Annual Financial Information Report (AFIR) is now available on the U.S.
Memorandum # 2022-07 has been published to the SLGFD Memos webpage and contains important information regarding transfers you may make from your water/wastewater fund and the pos
To all counties and municipalities:
The U.S. Treasury has delayed the next round (for counties and metro cities) and first round (for NEUs) of reporting for ARPA funds. The new reporting deadlines are as follows:
For counties and metro cities, your next report is due January 31, 2022, for the period ended December 31, 2021
For NEUs, your first report is due April 30, 2022, for the period from inception to March 31, 2022
We will share more information as it becomes available.
If you have questions about using your ARPA money for premium pay, this blog post from Kara Millonzi at the UNC School of Government answers a lot of those questions!
As most of you know, tomorrow is the last day of the federal government’s fiscal year, and no budget or continuing resolution has been approved (as of the date and time of this post) to keep the federal government running. What impact will this have on you as a local government in NC? Below is a list of some of the more common issues locals may face. It is certainly not a complete list!
Thursday, October 14, 2021 from 9AM – 12PM
Virtual presentation via the UNC School of Government
Click here for more information and to register.
The State and Local Government Finance Division has just received an important update from the NC Pandemic Recovery Office - the U.S. Treasury is encouraging NEUs to wait until Treasury provides guidance at the beginning of October (no date has been confirmed) about login requirements for the U.S. Treasury portal, which will be in the not-yet-published User Guide for NEUs.
The first reporting deadline of August 31 for ARPA funds has passed (required only by counties and metropolitan cities), with a few hiccups along the way.
Note: This post has been updated; please see the most recent version.Under North Carolina Session Law 2021-58, units of local government subject to the pre-audit requirements of North Carolina General Statute 159-28 may now use an automated system to meet those requirements if: