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GAO Findings
GAO Findings
GAO Findings
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Wednesday, July 8, 2009GAO Issues Report on States' and Localities' Uses of Recovery Act Funds While Facing Fiscal Stresses
For this second bimonthly report, GAO focused on nine federal programs that are expected to account for approximately 87 percent of Recovery Act funding to states and localities in Fiscal Year 2009. GAO looked at selected states' and localities' current and planned use of these Recovery funds, along with their approaches for ensuring accountability of the funds received, and evaluating the impact of the funds. The report recommended several ways to improve the monitoring of Recovery Act programs at the state level, such as:
- The Office of Management and Budget (OMB) should leverage Single Audits as an oversight tool for evaluating Recovery Act programs. The Single Audit Act requires state and local governments and nonprofit organizations receiving more than $500,000 in federal awards in a year to obtain an audit.
- Congress should consider a mechanism to help fund the additional costs and efforts for auditing Recovery Act programs.
Tuesday, April 28, 2009The Recovery Act calls for $280 billion to be administered through states and localities. The Act requires the Government Accountability Office (GAO) to do bimonthly reviews of the use of funds by selected states and localities. In this first report, GAO describes selected states' and localities' uses and planning of Recovery Act funds, accountability approaches, and plans to evaluate the impact of funds received. GAO's work is focused on 16 states and the District of Columbia—representing about 65 percent of the U.S. population and two-thirds of the intergovernmental federal assistance available through the Recovery Act. The report makes recommendations to strengthen accountability for these funds.
Click here to view the summary of the GAO findings or here for the full report.
