Tuesday, November 3, 2009

States hustling to keep track of federal stimulus money

While applicants eagerly continue to wait for the first-round winners of broadband stimulusfunding, state officials are scrambling to devise rules on how to best comply with federal reporting requirements - one of the strict conditions placed on the funding.

According to a ComputerWorld report, the rules that help define the process to report spending of the broadband stimulus funds have changed or been updated several times since the government announced the stimulus package in February. States are required to file quarterly that account for every tax dollar spent, the report said...