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2020 Annual Report • Finance Department • St. Anthony Village, Minnesota <br /> <br /> <br /> <br />18 <br /> <br />CARES Act Compliance and Reporting <br />During the beginning of the 2020 year, the U.S. Treasury guidance for CARES Act Coronavirus <br />Relief Fund Reporting (CRF) was broad and open for interpretation. As the year progressed, the <br />guidance and informational fact sheets became clearer. To comply with the State of Minnesota’s <br />CRF reporting, the Finance Department was required to report monthly expenditures to the <br />Minnesota Management and Budget (MMB) Department. This reporting process required <br />summarizing expenditures into the CRF categories set by the MMB. A section of the report is <br />shown below. <br /> <br />