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Tom James and Jay McTigue February 2010 The American Recovery and Reinvestment Act: GAO’s Role in Helping Ensure Accountability and Transparency During.

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Presentation on theme: "Tom James and Jay McTigue February 2010 The American Recovery and Reinvestment Act: GAO’s Role in Helping Ensure Accountability and Transparency During."— Presentation transcript:

1 Tom James and Jay McTigue February 2010 The American Recovery and Reinvestment Act: GAO’s Role in Helping Ensure Accountability and Transparency During the First Year

2 2 Purposes of the Recovery Act 1.To preserve and create jobs and promote economic recovery. 2.To assist those most impacted by the recession. 3.To provide investments needed to increase economic efficiency by spurring technological advances in science and health. 4.To invest in transportation, environmental protection, and other infrastructure that will provide long-term economic benefits. 5.To stabilize state and local government budgets, in order to minimize and avoid reductions in essential services.

3 3 GAO’s “Bimonthly” State and Local Reporting Strategy Recovery Act requires GAO to “conduct bimonthly reviews and prepare reports on such reviews on the use by selected States and localities of funds made available in this Act.” Strategy Longitudinal study of 16 states and the District of Columbia Selection criteria based on the stated purposes of the Recovery Act Localities sampled within selected states GAO senior executives coordinate work in each state

4 4 GAO’s Selected States 1. Arizona 2. California 3. Colorado 4. Florida 5. Georgia 6. Illinois 7. Iowa 8. Massachusetts 9. Michigan 10. Mississippi 11. New Jersey 12. New York 13. North Carolina 14. Ohio 15. Pennsylvania 16. Texas 17. Washington, D.C.

5 5 Reporting Objectives 1.States’ and localities’ use of funds 2.States’ and localities’ safeguards and ongoing oversight, audits, and evaluations 3.States’ and localities’ evaluation of impact

6 6 GAO Recovery Act Information Bi-Monthly Review Reports: GAO-09-580; GAO- 09-829; GAO-09-1016; and GAO-10-231 Recipient Reporting: GAO-10-223 GAO Recovery Act website: http://gao.gov/recoveryhttp://gao.gov/recovery


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