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ARRA Guidance
The American Recovery and Reinvestment Act of 2009 (ARRA), signed by President Barack Obama in February 2009, seeks to preserve and create jobs, invest in infrastructure, promote energy efficiency and science, and provide assistance to the unemployed. With its $787 billion appropriation, ARRA requires unprecedented levels of accountability and transparency for all levels of government. We have provided guidance and references for your information. The Bureau of Budget and Management Research (BBMR) has been tasked by I Maga'lahen Guahan to lead the government of Guam's implementation of ARRA. The Guam State Clearing house plays a supporting role to BBMR's lead designation providing ARRA technical reviews and assistance.
 GUIDANCE:
OTHER GUIDANCE:
- Cash Management Improvement Act of 1990 (CMIA)
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- CMIA Regulations, 31 CFR Part 205
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- OMB Circular A-87 Cost Principles for State, Local, and Indian Tribal Governments
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- OMB Circular A-102 Grants and Cooperative Agreements With State and Local Governments
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- OMB Circular A-133 Audits of States, Local Governments, and Non-Profit Organizations
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- Standards for Internal Control in the Federal Government (GAO/AIMD-00-21.3.1, November 1999) - provides the overall framework for establishing and maintaining internal control and for identifying and addressing major performance challenges and areas at greatest risk for fraud, waste, abuse, and mismanagement in Federal government. It includes information audit teams may find useful when obtaining an understanding of internal controls at prime recipients and sub-recipients.
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REFERENCES:
- Guam State Clearinghouse "ARRA Recovery Locker": http://www.guamclearinghouse.com
Anything and everything located in the Clearinghouse website concerning Stimulus opportunities, information, grants, guidance, funding listings and much more is found here. If you're looking for ARRA information, you may be surprised at what you may find at this site.
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- Guam Recovery: http://recovery.guam.gov/
This site is designed to provide information regarding the American Recovery and Reinvestment Act (ARRA), also known as the federal stimulus bill. The recovery act was created to aid our nation in weathering this current storm of economic hardship.
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- National Association of State Auditors, Comptrollers and Treasurers: http://www.nasact.org. The National Association of State Auditors, Comptrollers and Treasurers is an organization for state officials who deal with the financial management of state government.
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The Citizen-Centric Reporting Initiative (CCR) is intended to foster innovative means of communication between governments and their citizenry. The CCR seeks to provide government financial information to its citizens in forms that are clear and understandable, updated regularly and often, delivered to all, easy to locate, honest in breadth and technically accurate in detail.
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The American Recovery and Reinvestment Act of 2009 (ARRA) seeks to preserve and create jobs, invest in infrastructure, promote energy efficiency and science, and provide assistance to the unemployed. With its $787 billion appropriation, ARRA requires unprecedented levels of accountability and transparency for all levels of government.
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As required by Public Law 28-76, the Office of the Public Auditor has established an ethics in government program for elected and appointed government officials.
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