American Recovery and Reinvestment Act of 2009 Association of Government Accountants May 12, 2009 Robert J. Tuccillo Chief Financial Officer Federal Transit Administration. Purposes of Legislation . Recovery Maintain and create jobs Provide cash to strapped State and local economies
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American Recovery and Reinvestment Act of 2009 Association of Government AccountantsMay 12, 2009Robert J. TuccilloChief Financial Officer Federal Transit Administration
-- Calendar has been essential for ensuring all dates are met and accountability for deliverables is clear.
and focus areas for the future
Note: Program totals adjusted for Administration and Oversight
New Starts or Small Starts projects
Grants for capital projects that either:
Reduce energy consumption of the transit agency, or
Reduce greenhouse gas emissions of the transit agency
Application Procedures - Published in Federal Register and posted on website.
Projects have been vetted and are good investments of ARRA funds
Gov’t wide Requirement - must be received prior to award
FHWA/FTA projects must be listed in STIP with ARRA as funding source
Governor accepts ARRA funds and will use them to create jobs and promote economic health
Applies Government wide – all agencies and programs
Due April 3, 2009
State legislature may accept if Gov. declines ARRA funds
Reports to Congress due 90 days, 180 days, 1 year, 2 years, and 3 years after enactment
Requires financial and progress information at project level (sub-awards and contracts)
DOT/FTA still working out logistics
Status report to Congress on NEPA compliance for ARRA projects
FTA will use TEAM environmental findings to extent possible
May require additional reporting from applicants/grantees