Accounting for COVID-19 Emergency Expenditures and for Reimbursements and Monies Received by Cities and Towns from CARES ACT Coronavirus Relief Funds and from FEMA
Announcement, Accounting Procedure
COVID-19 Coronavirus CARES Act Cares grants reimbursements expenditures eligible spending accounting procedure Secretary Administration and Finance FEMA federal emergency management cities and towns
This Bulletin supplements Bulletin 2020-1, Emergency Expenditures Related to COVID-19 under G.L. c. 44, § 31 and Emergency Short-term Borrowing under G.L. c. 44, § 8(9), and provides further guidance to local officials regarding the accounting for COVID-19 emergency (emergency) expenditures in FY20 and FY21 and for the accounting treatment of reimbursements and other monies received by cities and towns from grants under CARES ACT Coronavirus Relief Funds (CARES ACT CvRF) as described in the May 14th letter from Michael J. Heffernan, Secretary of Administration and Finance (Secretary) to Chief Executives of Massachusetts Cities and Towns and under FEMA.