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    Archive for 'Grant Financial and Performance Reporting'

    UOG 2009 AUDIT SHOWS INCREASES IN NET ASSETS, ENROLLMENT & GRANTS

    The University of Guam fiscal year 2009 audit was released Tuesday by the Guam Office of Public Accountability. It was conducted by independent auditors Eide Bailly. It shows a $1.3 million increase in net assets, an increase of $3 million in grants and contracts, and the highest enrollment in ten years.
    The auditors rendered an [...]

    GDOE FEDERALLY FUNDED EMPLOYEES FACE FURLOUGH

    More than 500 federally funded Guam DOE employees are once again facing the prospect of being laid off next week because the school system doesn’t have the money to pay them.
    Superintendent Nerissa Underwood broke the news to those employees at a meeting at Tamuning Elementary Monday afternoon.
    DOE needs close to $7 million dollars by Friday [...]

    GUAM AG RELEASES FINDINGS ON PORT OEA CONTRACT

    The Office of the Attorney General has released the findings of an investigation of a Port Authority of Guam contract paid through federally funded “Office of Economic Adjustment” funds. The amount of $350,000 is under local and federal review and was placed on hold for payment.
    Click on the link to read the Attorney General’s [...]

    BBMR CUTS GDOE ADVANCE ALLOTMENTS BRIDGING GRANTS

    The government will no longer be able to advance allotments for the Guam Department of Education due to low revenue collections. Dr. Nerissa Underwood Education superintendent Dr. Nerissa Underwood has received this notice from the Bureau of Budget and Management and George Bamba, the governor’s chief of staff.
    The notice prompted Underwood to write to Phil [...]

    STAKEHOLDERS GATHER FOR 2009 EARLY CHILDHOOD SUMMIT

    Over 40 early childhood stakeholders from the Guam Early Learning Council and Project Tinituhon Strategic Management Focus Area Groups participated in the 2009 Early Childhood Summit facilitated by Project staff on November 30th at the Guam Marriott Hotel. Focus Area facilitators from Guam CEDDERS provided participants with activity updates across the four areas of focus, [...]

    AUDIT FINDS GHURA’s USE OF ARRA FUNDS (‘EFFECTIVE AND EFFICIENT’)

    The Office of the Inspector General of the U.S. Department of Housing and Urban Development (HUD) submitted a favorable audit report earlier this month outlining the results of a recently completed review of the Guam Housing and Urban Renewal Authority (GHURA) capital funds administered under the American Recovery and Reinvestment Act of 2009 (ARRA).
    The report [...]

    USDOE SETS STRICT RULES FOR FEDERAL FUND RELEASE TO GDOE

    The Guam Department of Education has received the USDOE’s amended special conditions letter, which identifies Superintendent Dr. Nerissa Underwood and GDOE internal auditor Lester Kuykendall as the point of contacts who will provide assurances to federal agency that the conditions for drawing down funds are complied with.
    Under this condition, Underwood and Kuykendall will have to [...]

    PUBLIC TELECOMMUNICATIONS FACILITIES PROGRAM AWARDS $199,500 TO GUAM PBS TO GO DIGITAL

    PBS Guam, formerly KGTF-TV12, will upgrade to a fully digital broadcast facility with funds from a grant awarded on Sept. 22, 2009, by the National Telecommunications and Information Administration. The Public Telecommunications Facilities Program (PTFP) grant will provide the full $199,500 needed for the station’s master control room upgrade. “The existing master control unit is [...]

    MANDATORY FINANCIAL AND PERFORMANCE REPORTS DUE OCTOBER 10 FOLLOWING RIGID STIMULUS REQUIREMENTS

    Important Datelines

    Registration begins Monday, August 17, 2009. Registration for all Federal Agencies and Recipients begins Monday, August 17, 2009. The federalreporting.gov Service Desk will be available for user support from 7 a.m. through 9 p.m. (ET) Monday through Friday to support Registration.
    Reporting begins Thursday, October 1, 2009. The FederalReporting.gov system opens for reporting on Thursday, [...]

    RECOVERY ACCOUNTABILITY AND TRANSPARENCY BOARD LAUNCHES FINANCIAL REPORT POSTING WEBSITE

    Recipients of federal stimulus funds under the American Recovery and Reinvestment Act can begin Monday registering on a new site where they’ll soon have to send detailed data on their spending.
    The new site, FederalReporting.gov, will receive detailed stimulus spending data, which will then be posted to Recovery.gov on October 11.
    The new site is [...]

    GAO: FEDERAL GRANTS WEB SITE SHOWS ‘WEAKNESSES’

    Poor usability and mismanagement plague Grants.gov, which gives access to $500 billion in annual grants, Government Accountability Office survey finds.
    Grants.gov, a federal government Website designed to give citizens access to $500 billion in annual government grants, is mismanaged and difficult to use, the Government Accountability Office said in a report released this week.
    The [...]

    OMB A-133 COMPLIANCE SUPPLEMENT FOR 2009 PROVIDES ADDITIONAL ARRA GUIDANCE

    On May 26, 2009, the White House Office of Management and Budget (OMB) released the 2009 OMB Circular A-133 Compliance Supplement (the Supplement) effective for audits of fiscal years beginning after June 30, 2008, superseding the 2008 OMB Circular A-133 Compliance Supplement.
    The new annual Supplement contains information updated to reflect new programs, deleted programs and [...]

    GWA AUDIT: $446K IN QUESTIONED COSTS INVOLVING FEDERAL AWARDS

    The Public Auditor has released an audit critical of the way the Guam Waterworks Authority has handled major federal awards.
    According to a release from the Office of the Public Auditor (OPA) independent auditor Deloitte and Touche identified $446,000 in “unresolved” cumulative questioned costs as of September 30, 2008.
    Read GWA Audit Highlights
    Among the finding of [...]

    USDOE LIFTS GPSS FUNDING RESTRICTION

    The Guam public school system received some favorable remarks in a letter from the US Department of Education.
    GPSS superintendent Dr. Nerissa Bretania Shafer says USDOE lifted the 50 percent drawdown restriction, which now means that the department will no longer be limited on how much money they get from the federal government. Shafer says they [...]

    OMB IMPLEMENTS NEW PERFORMANCE PROGRESS REPORT FORM

    The Performance Progress Report (PPR) is a new report form designed to replace and consolidate over 1000 performance report forms in use by the federal agencies. The PPR form becomes the standardized, government-wide performance progress reporting format that will be used by Federal agencies to collect performance information from recipients of Federal funds awarded [...]