(L-R)Timothy J. Horstmann and Ryan T. Gonder with McNees, Wallace & Nurick. Courtesy photos

Events

McNees Wallace & Nurick public finance attorneys Timothy J. Horstmann and Ryan T. Gonder are scheduled to address the federal government's potential audit of funds distributed to municipalities through the American Rescue Plan Act of 2021 at a conference for Pennsylvania township professionals.

Their presentation is titled, "Preparing for an Audit of ARPA Expenditures: What to Do Now."

During their workshop, Horstmann and Gonder are set to discuss several topics: ARPA's historic allocation of approximately $350 billion in state and local government aid in response to the COVID-19 pandemic; the U.S. Department of the Treasury's implementation of the Act through the publication of its Interim Final Rule and Final Rule, with emphasis on the permitted expenditures of funds received through the program; the respective roles and responsibilities the auditor and municipality have while conducting the audit; answers to questions that typically arise when undergoing single audits: the frequency of the audit, what happens when the municipality does not comply and whether results are public, among others; and recommended best practices to implement as well as the real-world application of the single audit from similar federal funding, including how the single audit applies to the Infrastructure Investment and Jobs Act.