According to the Recovery Accountability and Transparency Board, recipients of 1,036 awards representing $583 million dollars in stimulus funds failed to submit reports for the quarter that ended December 31, 2009. And the Recovery Board is calling them out on it.
Over $250 billion was allotted for state and local governments through federal grants and loans in the Recovery Act. Accenture’s Mark Howard discusses a recent joint survey with the National Association of State Auditors, Comptrollers and Treasurers that looks at how states could leverage ARRA requirements to be more efficient and competitive when applying for [...]
The $787 billion funding streams created as part of the American Recovery and Reinvestment Act passed in 2009 will end in 2012. Accenture’s Mark Howard discusses what programs and practices will last far beyond the two-year ARRA life cycle. From transparency measures to econometric forecasting, federal reporting mandates and increased grants competition has ushered a new [...]
Laying the groundwork and internal controls for Recovery Act spending may go down in the history books as an overnight affair. But for those states listed in a new national survey of ARRA transparency websites, it has been arduous journey in a time of technological explosion and shrinking budgets.
In a survey of over 130 counties, the National Association of Counties (NACo) found the economic recession is widespread and impacting counties of all sizes, in all regions. The report also says money from the American Recovery and Reinvestment Act has yet to impact many of the survey’s respondents.
The Obama administration is doing better in its execution of stimulus objectives, overall, but there is still much room for improvement, says a leading research firm. Washington, D.C.-based INPUT found the administration has made strides in three of four key recovery areas, while receiving another “incomplete” in Job Creation.
How many jobs does $36.6 billion buy? That was the question many were hoping to answer as the Recovery Accountability and Transparency Board released reports detailing how and where stimulus dollars were being spent. According to data released on Friday, the answer is roughly 640,000, with the White House claiming closer to one million.
A panel of data management and warehousing experts gathered Tuesday at the National Press Club in Washington, D.C. to discuss the role of technology in achieving transparency in government. Executives from Teradata, Dow Jones and noted author and reporter Stephen Baker said the fundamental challenge facing government was turning unstructured, static data into usable information.
Despite the weeklong reprieve for stimulus funds reporting, administration officials are already working to stay ahead of possible inconsistencies and maintain their timeline. Another major milestone for the Obama administration’s transparency initiatives plays out this month in the form of recipient reporting. For those who received grants, loans or contracts from the Recovery Act, October 10th [...]
The metaphor that watching a bill be made in Congress is like watching a butcher make sausage may have a rival in stimulus funds reporting. According to one industry expert, high expectations and early setbacks in the Recovery Act reporting process have caused state and local recipients to worry about the looming October 10 reporting [...]
