ABSTRACT

Apache Tribe of Oklahoma's Use of Coronavirus Relief Fund Payment (OIG-CA-22-006)   [open pdf - 7MB]

From the Document: "We would like to thank you and other representatives of the Apache Tribe of Oklahoma (Apache Tribe) for meeting with our office on September 22, 2021 to discuss our letter, dated July 28, 2021, regarding the use of Coronavirus Relief Fund (CRF) proceeds received from the Department of the Treasury (Treasury). [...] This letter is to inform you that our position on the matter has not changed after consideration of your written response, received August 10, 2021(included as attachment 2 of this letter), and follow up discussions at our September 22nd meeting. As described below, Apache Tribe's explanation for using the $500,000 of CRF proceeds as collateral for the loan in question does not comply with the CARES [Coronavirus Aid, Relief, and Economic Security Act] Act and Treasury's 'Coronavirus Relief Fund Guidance for State, Territorial, Local, and Tribal Governments' (Guidance). Under the 'Uses of Funds' requirements of Section 601(d) of the Social Security Act, as amended by the CARES Act, payments from the Fund may only be used to cover costs that-- [1] are necessary expenditures incurred due to the public health emergency with respect to the Coronavirus Disease 2019 (COVID-19); [2] were not accounted for in the budget most recently approved as of March 27, 2020 (the date of enactment of the CARES Act) for the State or government; and [3] were incurred during the period that begins on March 1, 2020, and ends on December 31, 2021."

Author:
Publisher:
Date:
2021-12-28
Series:
Copyright:
Public Domain
Retrieved From:
OVersight.gov: https://www.oversight.gov/
Format:
pdf
Media Type:
application/pdf
URL:
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