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State agencies told to liquidate SFRF program costs by Dec. 31, 2026; administrative closeout allowed through April 30, 2027
Summary
NCPRO staff told agencies that programmatic SFRF costs must be liquidated by 12/31/2026; only administrative closeout costs may be paid between 01/01/2027 and 04/30/2027, and final reports to US Treasury are due 04/30/2027.
Joy (NCPRO) summarized federal and state guidance on State Fiscal Recovery Fund closeout and allowable costs. She said funds obligated or incurred as of 12/31/2024 must be liquidated by 12/31/2026; programmatic costs — including payments to contractors and subrecipients — cannot be paid after that date.
“Administrative closeout costs are allowed from January 1 to 04/30/2027,” Joy said, and she listed allowable administrative activities drawn from the SLRF FAQ, including payroll for administrative staff performing…
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