OMB has issued budget guidance for the execution of the American Recovery and Reinvestment Act of 2009.
The guidance, OMB bulletin 09-02, provides instructions on processing apportionments and submitting budget execution reports for Recovery Act funds and supplements existing instructions for apportionments and budget execution reporting in OMB Circular No. A-11.
Prior to the formal submission of the apportionments, agencies should consult their OMB representatives on the content of, and supporting documents for, RA apportionments, the guidance said.
It said that would ensure OMB could review and approve the apportionments with the proper information and in a timely manner.
Agencies will typically use a separate "treasury appropriation fund symbol" to track and report apportionments, allotments, obligations, and disbursements related to RA funding, such that, for example, when a grant is made directly from the RA TAFS or a contract to the private sector is made directly from the RA TAFS, all the obligations are for the RA, said OMB.
