FAC Explorer

Audit 13201

FY End
2023-06-30
Total Expended
$8.83M
Findings
0
Programs
13
Organization: City of Frankfort (KY)
Year: 2023 Accepted: 2024-01-23
Auditor: Cherry Bekaert LLP

Organization Exclusion Status:

Findings

No findings recorded

Programs

ALN Program Spent Major Findings
21.027 Coronavirus State and Local Fiscal Recovery Funds $3.71M Yes 0
20.509 Formula Grants for Rural Areas and Tribal Transit Program $946,407 - 0
20.933 National Infrastructure Investments $421,120 - 0
66.818 Brownfields Assessment and Cleanup Cooperative Agreements $90,821 - 0
20.205 Highway Planning and Construction $69,351 - 0
20.526 Buses and Bus Facilities Formula, Competitive, and Low Or No Emissions Programs $52,000 - 0
20.600 State and Community Highway Safety $34,056 - 0
16.835 Body Worn Camera Policy and Implementation $32,143 - 0
97.042 Emergency Management Performance Grants $27,364 - 0
97.067 Homeland Security Grant Program $13,810 - 0
45.024 Promotion of the Arts_grants to Organizations and Individuals $12,500 - 0
15.904 Historic Preservation Fund Grants-in-Aid $9,516 - 0
10.175 Farmers Market and Local Food Promotion Program (b) $8,843 - 0

Contacts

Name Title Type
P3DTW5Y658G9 Alicia Boyd Auditee
5023522083 Debbie Smith Auditor
No contacts on file

Notes to SEFA

Title: Note A - Basis of Presentation Accounting Policies: Expenditures reported on the schedule are reported on the accrual basis of accounting. Such expenditures are recognized following, the cost principles contained in Title 2 U. S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles and Audit Requirements for Federal Awards, wherein certain types of expenditures are not allowed or are limited as to reimbursement. De Minimis Rate Used: N Rate Explanation: The City has not elected to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance. The accompanying schedule of expenditures of Federal awards ("SEFA") includes the Federal award activity of the City of Frankfort, under programs of the federal government for the year ended June 30, 2023 accordance with the requirements of Title 2 U. S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal awards (Uniform Guidance). Because the SEFA presents only a selected portion of the operations of the City of Frankfort, it is not intended to and does not present the financial position, changes in net position, or cash flows of the City.