Tag Archives: OMB
The Office of Management and Budget (OMB) has released further guidance on how recipients of stimulus funds must report to the federal government. Central to this updated document, are guidelines on how to define job creation and what technical data requirements must accompany reports due in October.
In the state of Colorado, Governor Bill Ritter and his Economic Recovery Team are working to make sure stimulus dollars are spent wisely and with full transparency. Some states are waiting for the technical specifications to be issued by the Office of Management and Budget. But Colorado is trying to be proactive.
A new OMB memo regarding administrative costs has been issued ahead of more substantive guidance due in June. But according to state and local officials, the price for transparency and accountability will be a complex number to figure.