Tip Sheet on SF-425 Reporting v1

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ERA2 QUARTERLY REPORTING TIP

Federal Financial Repor�ng Requirements

Beginning with the ERA2 Q4 2023 Report, each ERA2 Recipient must report to Treasury quarterly on the 

SF-425 financial data as of the end of the repor�ng period. The required data fields are displayed on 

Treasury’s Portal under the ERA2 Performance and Financial Repor�ng tab. See below for screen shots of 

the required data followed by a worksheet with instruc�ons designed to help recipients complete each 

field correctly. Please see the ERA2 Repor�ng Guidance for addi�onal informa�on.

 
Tip Sheet on SF-425 Reporting v1 

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Federal Financial Repor�ng Worksheet

PRE-POPULATED ERA2 AWARD AMOUNTS

Current Award Amount. This is the total amount of the ERA2 award.

Total Payment Amount. This is the amount of the ERA2 award that has been disbursed by Treasury 

to the Recipient.

FEDERAL CASH

SF-425 ITEM INSTRUCTIONS FOR RECIPIENT USE/NOTES

Cash Receipts (SF-425 Item 

10a)

Enter the cumula�ve amount of 

ERA2 funds the Recipient en�ty 

received under this award from the

Treasury as of the repor�ng period 

end date.

Cash Disbursements (SF-425 

Item 10b)

Enter the cumula�ve amount of the 

ERA2 award disbursed (expended) 

as of the repor�ng period end date. 

Disbursements means the sum of 

actual cash disbursements for direct 

charges for goods and services, the 

amount of indirect expenses 

charged to the award, and the 

amount of cash advances and 

payments made to subrecipients 

and contractors.

FEDERAL EXPENDITURES AND UNOBLIGATED BALANCES

SF-425 ITEM INSTRUCTIONS FOR RECIPIENT USE/NOTES

Cash on Hand (SF-425 10c) Enter the amount of Line 10a minus 

Line 10b above. 

Total Federal funds authorized

(SF-425 Item 10d)

Enter the amount of ERA2 funds the 

Recipient en�ty received as of the 

end of the repor�ng period. 

This is equal to the amount reported 

in 10(a) above.

Federal share of expenditures

(SF-425 Item 10e)

Enter the cumula�ve amount of the 

ERA2 award that has been expended 

as of the end of the repor�ng 

period. 

Using Cash basis, expenditures are 

the sum of cash disbursements for 

direct charges for property and 
Tip Sheet on SF-425 Reporting v1 

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services; indirect expense charges; 

the amount of cash advance 

payments and payments made to 

subrecipients. 

Using Accrual basis, expenditures 

are the sum of cash disbursements 

for direct charges for property and 

services; indirect expense incurred; 

the net increase/decrease owed 

goods and other property received; 

services performed by contractors, 

and subrecipients.

Federal share of unliquidated 

obliga�ons (SF-425 Item 10f)

Enter the cumula�ve amount of the 

ERA2 award that has been obligated 

but not expended as of the end of 

the repor�ng period.

Using Cash Basis, Unliquidated 

obliga�ons are obliga�ons incurred, 

but not yet paid. 

Using Accrual Basis, obliga�ons 

incurred, but for which an 

expenditure has not yet been 

recorded. Those obliga�ons include 

direct and indirect expenses 

incurred but not yet paid or charged 

to the award, including amounts due 

to subrecipients and contractors. Do 

not include any amount that has 

been reported in Line 10e. Do not 

include future commitment of funds 

for which an obliga�on or expense 

has not been incurred.

Total Federal Share (SF-425 

Item 10g)

Enter the sum of Lines 10e and 10f 

above. 

This is the total amount of ERA2 

award that has been expended plus 

the amount that has been obligated 

but not expended as of the end of 

the repor�ng period.
Tip Sheet on SF-425 Reporting v1 

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Unobligated balance of Federal 

Funds (SF-425 Item 10h)

Enter the amount of Line 10d minus 

Line 10g above. 

This is the total amount of the ERA2 

award that has not been obligated 

as of the end of the repor�ng 

period.

CURRENT QUARTER FINANCIAL DATA

ITEM INSTRUCTIONS FOR RECIPIENT USE/NOTES

Current Quarter Obliga�ons Enter the total amount of ERA2 

award that was obligated in the 

current quarter.

Current Quarter Expenditures Enter the total amount of the ERA2 

award that was expended in the 

current quarter.