State Authorities Budget Office To Disregard Reporting Deadlines
The state Authorities Budget Office posted the following message on its website regarding reporting requirements in light of the COVID-19 pandemic:
"The ABO is aware that many public authorities with a fiscal year end date of December 31 are struggling to meet the legal reporting deadlines for submitting Annual, Audit, Procurement and Investment Reports in the Public Authorities Reporting Information System (PARIS) in light of the current COVID-19 pandemic."
"Executive Order No. 202.11 allows the director of the Authorities Budget Office to disregard reporting deadlines during the current state of emergency. For the duration of the Governor's Emergency Declaration and pursuant to his Order, the ABO will disregard reporting deadlines and encourages all public authorities to make reasonable efforts to submit the required reports as timely as is practicable."
"Those authorities that decide to make a late submission shall provide the reason(s) for the delay.
"The ABO will consider the restrictions that are currently in place regarding a public authority's ability to conduct business, including mandated reduction of staff in their offices, municipal and school closures, ability to access information from businesses that are working remotely, and the capability of the board to adequately review and approve data prior to being certified in PARIS, in evaluating the timeliness of an authority's PARIS submission."