Federal COVID Funds Accounted for, but Billions Remained Unspent

Federal COVID funds accounted for, but billions remained unspent

RALEIGH, NC (WWAY) — A new audit from the North Carolina Office of the State Auditor shows that federal COVID-19 public emergency funds provided to North Carolina have been managed in accordance with state fiscal recovery fund legislation.  However, they say billions of dollars were not distributed for years.  State law requires the auditor’s office to conduct biennial financial audits of the state fiscal recovery fund which was equipped with $5…

Audit: State of North Carolina has not spent $2.95 billion in federal COVID funds

Special to IFN RALEIGH — A new audit by the N.C. Office of the State Auditor (OSA) shows that while federal COVID-19 public emergency funds provided to North Carolina have been

Audit: Billions in federal COVID funds unspent as deadline nears

Billions of dollars in federal COVID-19 public emergency funds allocated to North Carolina state agencies have not been spent, according to an audit released Monday by North Carolina State Auditor Dave Boliek’s office. The State Fiscal Recovery Fund was funded with a total of $5.4 billion from the 2021 American Rescue Plan Act (ARPA). $5.4 billion in 2021 American Rescue Plan Act (ARPA) allocated to North Carolina. Source: NCOSA. President Joe B…

Federal COVID funds allocated and accounted for, billions remained unspent years later

RALEIGH — A new audit from the North Carolina Office of the State Auditor (OSA) shows that while federal COVID-19 public emergency funds provided to North Carolina have been managed in accordance with State Fiscal Recovery Fund legislation, billions of…

Federal COVID Funds Allocated And Accounted For, But Billions Remained Unspent Years Later

RALEIGH — A new audit from the North Carolina Office of the State Auditor (OSA) shows that while federal COVID-19 public emergency funds provided to North Carolina have been managed in accordance with State Fiscal Recovery Fund legislation, billions of dollars were not distributed for years. State law requires OSA to conduct biennial financial audits of the State Fiscal […]