Coronavirus Relief Fund Issues and Solutions Identified

BROADCASTS

Coronavirus Relief Fund Issues and Solutions Identified

June 22, 2020

On, June 19, 2020, NAFOA sent a letter to Secretary of the Treasury Steven Mnuchin and Acting Director of the Office of Management and Budget (OMB) Russell Vought to express our concerns with the Coronavirus Relief Fund (CRF). The CRF is not perfect, but we hope our proposed solutions will make the CRF a more workable approach to emergency stimulus in Indian Country

We worked with noted professionals in NAFOA's network to better understand the CRF administrative burden on Indian Tribal Governments. The following topics were discussed in length in the letter
  • Single Audit Act's Impact on CRF expenditures by Tribal Entities
  • Audit Costs and overall CRF Administrative Costs beyond December 30, 2020 
  • CRF's impact on Indirect Costs
We proposed solutions to the issues we identified and hope to continue to engage both the Treasury Department and OMB on the CRF and the COVID-19 crisis overall. To find up to date information visit Treasury's CARES website. We will continue to update the NAFOA community on CRF information as it is available.

We are grateful for NAFOA's network of noted tribal leaders, accountants, lawyers, and other professionals who continue to engage us on ways to advocate for Indian Tribal Governments.
Click Here to Read NAFOA's Letter to Treasury and OMB
For any other questions or concerns, please contact Emery Real Bird at Emery@nafoa.org or (202) 945-7750.