Recovering from the Recovery Act - Part 1

States and localities were the front line for implementation of more than $275 billion in spending via more than 65 programs. They also faced pressures to spend, spend quickly, spend wisely – and report what they did in almost real-time.

The Virginia Implementation of the American Recovery and Reinvestment Act:

These funds were accompanied by a new, centralized system of strict financial accountability and perfor­mance reporting, with frequent reporting requirements. These new requirements, as well as the rapid implementation time­frame required by the Recovery Act, created an enormous implementation challenge for all the participants in our federal-state-local-non­profit intergovernmental system.