(a)  All cities and towns shall provide to the division of municipal finance a report on a standardized form each fiscal year, any and all of the American Rescue Plan funds received through the “local fiscal recovery fund” program including the following information:

(1)  Amounts received;

(2)  Amounts allocated with project/program description;

(3)  Amounts spent on hiring staff;

(4)  Job titles hired or retained with aforesaid funds;

(5)  Premium pay amount issued to employees and type of employees compensated;

(6)  Total amount of funds not spent and remaining, if any; and

(7)  Copies of all progress reports submitted to federal government agencies concerning the use of “local fiscal recovery fund” proceeds.

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Terms Used In Rhode Island General Laws 44-35-11

  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.

(b)  Said reports shall be published on the division of municipal finance’s website for public inspection and review.

History of Section.
P.L. 2023, ch. 345, § 2, effective July 1, 2023; P.L. 2023, ch. 347, § 2, effective July 1, 2023.