CARES Act - Coronavirus Relief Fund (CRF) Additional Guidance

CARES Act – Coronavirus Relief Fund (CRF) Additional Guidance June 30 Year End Governments 8/18/20 Introduction June 30 year end governments have additional accounting complexities related to the CARES funding since the eligibility period for expenditures is March 1 through September 1 for Phase I Georgia funding, and therefore, crosses fiscal years. Due to these grant terms, it is possible that these governments will have some expenditures that were incurred before June 30 and some...