Okla. Admin. Code § 93:10-3-5

Current through Vol. 42, No. 8, January 2, 2025

Section 93:10-3-5 - Reporting

(a) All grantees will appropriately maintain accounting records for compiling and reporting accurate, compliant financial data in accordance with generally accepted accounting standards and principles.

(b) All grantees of ARPA funds are required to submit Project and Expenditure Reports at the close of each month or quarter, in accordance with OMES' Subrecipient Monitoring Schedule. obligations expenditures, any applicable program income, and a description of the project demographic distribution. A template for the reports will be sent to all grantees, and the complete report shall be submitted to BGB within thirty (30) days of the end of the reporting period, or as otherwise directed by OMES or the BGB. The BGB, in turn, will submit all requested monthly and quarterly data to OMES to report as needed to the U.S. Treasury. These reports must include, at a minimum, the status of the overall project, a listing of obligations expenditures, any applicable program income, and a description of the project demographic distribution. A template for the reports will be sent to all grantees, and the complete report shall be submitted to BGB within thirty (30) days of the end of the reporting period, or as otherwise directed by OMES or the BGB. The BGB, in turn, will submit all requested monthly and quarterly data to OMES to report as needed to the U.S. Treasury.

(c) Pursuant to the State and Local Fiscal Recovery Funds ("SLFRF") Compliance and Reporting Guide, some grantees with larger projects may be required to submit an annual Recovery Plan Performance Report ("Recovery Plan"). The Recovery Plan must detail how the grantee will ensure program outcomes are achieved in an effective, efficient, and equitable manner. The Recovery Plan, if required, must be submitted annually to BGB and the U.S. Treasury; in addition, the Recovery Plan must be posted on the grantee's public-facing website.

(d) Final reporting will be due at the completion of the grant program.

Okla. Admin. Code § 93:10-3-5

Adopted by Oklahoma Register, Volume 40, Issue 24, September 1, 2023, eff. 9/11/2023