The End of an ERA: Winding Down from ARPA
With the expiration of several huge COVID-19 pandemic era programs, government finance staff are tasked with winding down the largest federal funding packages ever received by local governments. This session will provide insight into the close-out requirements of the American Rescue Plan Act (ARPA) Fiscal Recovery Funds and other federal funding trends.
Speakers will also discuss the 2024 Uniform Guidance updates and the 2025 Compliance Supplement and highlight strategies to assist governments in addressing common single audit challenges.
Learning Objectives
Implement steps to successfully close out ARPA funding, including State and Local Fiscal Recovery Funds (SLFRF).
Summarize the changes made to the Office of Management and Budget (OMB) Uniform Guidance in the 2024 update.
Identify key components to the 2025 Compliance Supplement.