Title: NOTE 1 – BASIS OF PRESENTATION
Accounting Policies: NOTE 1 – BASIS OF PRESENTATION
The accompanying Schedule of Expenditures of Federal and State Awards presents the activity of all federal and state award programs of the City of Edinburg, Texas, for the year ended September 30, 2022. The accompanying schedule of expenditures of federal and state awards includes the federal and state grant activity of the City of Edinburg, Texas and is presented on the modified accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of the Uniform Guidance and the State of Texas Single Audit Circular. Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of the basic financial statements. Because this schedule presents only a selected portion of the operations of the City of Edinburg, it is not intended to and does not present the financial position, changes in net position, or cash flows of the City of Edinburg.
NOTE 2 – INDIRECT COST RATE
The City has elected to use the 10% de minimis indirect cost rate. No grants received by the City for the year ended September 30, 2022 were provided for reimbursement of indirect costs.
NOTE 3 – PROGRAM COSTS/MATCHING CONTRIBUTIONS
The amounts shown as current year expenses represent only the federal grant portion of the program costs. Entire program costs, including the City’s portion, may be more than shown.
NOTE 4 – FEDERAL LOANS AND LOAN GUARANTEES
During the year ended September 30, 2022, the City had no outstanding federal loans payable or loan guarantees.
NOTE 5 – NONCASH AWARDS
During the year ended September 30, 2022, the City did not receive any noncash assistance.
NOTE 6 – FEDERALLY FUNDED INSURANCE
During the year ended September 30, 2022, the City did not have insurance that was federally funded.
NOTE 7 – PROGRAM INCOME
Community Development Block Grants, CDFA 14.218, reported program income in the amount of $115,155 for the year ended September 30, 2022.
NOTE 8 – PRIOR YEAR ELIGIBLE COSTS
Hazard Mitigation Grant Program, CDFA 97.039, reported prior year eligible costs in the amount of $79,214 for the year ended September 30, 2022.
De Minimis Rate Used: Y
Rate Explanation: The auditee used the de minimis cost rate
The accompanying Schedule of Expenditures of Federal and State Awards presents the activity of all federal and state award programs of the City of Edinburg, Texas, for the year ended September 30, 2022. The accompanying schedule of expenditures of federal and state awards includes the federal and state grant activity of the City of Edinburg, Texas and is presented on the modified accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of the Uniform Guidance and the State of Texas Single Audit Circular. Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of the basic financial statements. Because this schedule presents only a selected portion of the operations of the City of Edinburg, it is not intended to and does not present the financial position, changes in net position, or cash flows of the City of Edinburg.
Title: NOTE 2 – INDIRECT COST RATE
Accounting Policies: NOTE 1 – BASIS OF PRESENTATION
The accompanying Schedule of Expenditures of Federal and State Awards presents the activity of all federal and state award programs of the City of Edinburg, Texas, for the year ended September 30, 2022. The accompanying schedule of expenditures of federal and state awards includes the federal and state grant activity of the City of Edinburg, Texas and is presented on the modified accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of the Uniform Guidance and the State of Texas Single Audit Circular. Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of the basic financial statements. Because this schedule presents only a selected portion of the operations of the City of Edinburg, it is not intended to and does not present the financial position, changes in net position, or cash flows of the City of Edinburg.
NOTE 2 – INDIRECT COST RATE
The City has elected to use the 10% de minimis indirect cost rate. No grants received by the City for the year ended September 30, 2022 were provided for reimbursement of indirect costs.
NOTE 3 – PROGRAM COSTS/MATCHING CONTRIBUTIONS
The amounts shown as current year expenses represent only the federal grant portion of the program costs. Entire program costs, including the City’s portion, may be more than shown.
NOTE 4 – FEDERAL LOANS AND LOAN GUARANTEES
During the year ended September 30, 2022, the City had no outstanding federal loans payable or loan guarantees.
NOTE 5 – NONCASH AWARDS
During the year ended September 30, 2022, the City did not receive any noncash assistance.
NOTE 6 – FEDERALLY FUNDED INSURANCE
During the year ended September 30, 2022, the City did not have insurance that was federally funded.
NOTE 7 – PROGRAM INCOME
Community Development Block Grants, CDFA 14.218, reported program income in the amount of $115,155 for the year ended September 30, 2022.
NOTE 8 – PRIOR YEAR ELIGIBLE COSTS
Hazard Mitigation Grant Program, CDFA 97.039, reported prior year eligible costs in the amount of $79,214 for the year ended September 30, 2022.
De Minimis Rate Used: Y
Rate Explanation: The auditee used the de minimis cost rate
The City has elected to use the 10% de minimis indirect cost rate. No grants received by the City for the year ended September 30, 2022 were provided for reimbursement of indirect costs.
Title: NOTE 3 – PROGRAM COSTS/MATCHING CONTRIBUTIONS
Accounting Policies: NOTE 1 – BASIS OF PRESENTATION
The accompanying Schedule of Expenditures of Federal and State Awards presents the activity of all federal and state award programs of the City of Edinburg, Texas, for the year ended September 30, 2022. The accompanying schedule of expenditures of federal and state awards includes the federal and state grant activity of the City of Edinburg, Texas and is presented on the modified accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of the Uniform Guidance and the State of Texas Single Audit Circular. Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of the basic financial statements. Because this schedule presents only a selected portion of the operations of the City of Edinburg, it is not intended to and does not present the financial position, changes in net position, or cash flows of the City of Edinburg.
NOTE 2 – INDIRECT COST RATE
The City has elected to use the 10% de minimis indirect cost rate. No grants received by the City for the year ended September 30, 2022 were provided for reimbursement of indirect costs.
NOTE 3 – PROGRAM COSTS/MATCHING CONTRIBUTIONS
The amounts shown as current year expenses represent only the federal grant portion of the program costs. Entire program costs, including the City’s portion, may be more than shown.
NOTE 4 – FEDERAL LOANS AND LOAN GUARANTEES
During the year ended September 30, 2022, the City had no outstanding federal loans payable or loan guarantees.
NOTE 5 – NONCASH AWARDS
During the year ended September 30, 2022, the City did not receive any noncash assistance.
NOTE 6 – FEDERALLY FUNDED INSURANCE
During the year ended September 30, 2022, the City did not have insurance that was federally funded.
NOTE 7 – PROGRAM INCOME
Community Development Block Grants, CDFA 14.218, reported program income in the amount of $115,155 for the year ended September 30, 2022.
NOTE 8 – PRIOR YEAR ELIGIBLE COSTS
Hazard Mitigation Grant Program, CDFA 97.039, reported prior year eligible costs in the amount of $79,214 for the year ended September 30, 2022.
De Minimis Rate Used: Y
Rate Explanation: The auditee used the de minimis cost rate
The amounts shown as current year expenses represent only the federal grant portion of the program costs. Entire program costs, including the City’s portion, may be more than shown.
Title: NOTE 4 – FEDERAL LOANS AND LOAN GUARANTEES
Accounting Policies: NOTE 1 – BASIS OF PRESENTATION
The accompanying Schedule of Expenditures of Federal and State Awards presents the activity of all federal and state award programs of the City of Edinburg, Texas, for the year ended September 30, 2022. The accompanying schedule of expenditures of federal and state awards includes the federal and state grant activity of the City of Edinburg, Texas and is presented on the modified accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of the Uniform Guidance and the State of Texas Single Audit Circular. Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of the basic financial statements. Because this schedule presents only a selected portion of the operations of the City of Edinburg, it is not intended to and does not present the financial position, changes in net position, or cash flows of the City of Edinburg.
NOTE 2 – INDIRECT COST RATE
The City has elected to use the 10% de minimis indirect cost rate. No grants received by the City for the year ended September 30, 2022 were provided for reimbursement of indirect costs.
NOTE 3 – PROGRAM COSTS/MATCHING CONTRIBUTIONS
The amounts shown as current year expenses represent only the federal grant portion of the program costs. Entire program costs, including the City’s portion, may be more than shown.
NOTE 4 – FEDERAL LOANS AND LOAN GUARANTEES
During the year ended September 30, 2022, the City had no outstanding federal loans payable or loan guarantees.
NOTE 5 – NONCASH AWARDS
During the year ended September 30, 2022, the City did not receive any noncash assistance.
NOTE 6 – FEDERALLY FUNDED INSURANCE
During the year ended September 30, 2022, the City did not have insurance that was federally funded.
NOTE 7 – PROGRAM INCOME
Community Development Block Grants, CDFA 14.218, reported program income in the amount of $115,155 for the year ended September 30, 2022.
NOTE 8 – PRIOR YEAR ELIGIBLE COSTS
Hazard Mitigation Grant Program, CDFA 97.039, reported prior year eligible costs in the amount of $79,214 for the year ended September 30, 2022.
De Minimis Rate Used: Y
Rate Explanation: The auditee used the de minimis cost rate
During the year ended September 30, 2022, the City had no outstanding federal loans payable or loan guarantees.
Title: NOTE 5 – NONCASH AWARDS
Accounting Policies: NOTE 1 – BASIS OF PRESENTATION
The accompanying Schedule of Expenditures of Federal and State Awards presents the activity of all federal and state award programs of the City of Edinburg, Texas, for the year ended September 30, 2022. The accompanying schedule of expenditures of federal and state awards includes the federal and state grant activity of the City of Edinburg, Texas and is presented on the modified accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of the Uniform Guidance and the State of Texas Single Audit Circular. Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of the basic financial statements. Because this schedule presents only a selected portion of the operations of the City of Edinburg, it is not intended to and does not present the financial position, changes in net position, or cash flows of the City of Edinburg.
NOTE 2 – INDIRECT COST RATE
The City has elected to use the 10% de minimis indirect cost rate. No grants received by the City for the year ended September 30, 2022 were provided for reimbursement of indirect costs.
NOTE 3 – PROGRAM COSTS/MATCHING CONTRIBUTIONS
The amounts shown as current year expenses represent only the federal grant portion of the program costs. Entire program costs, including the City’s portion, may be more than shown.
NOTE 4 – FEDERAL LOANS AND LOAN GUARANTEES
During the year ended September 30, 2022, the City had no outstanding federal loans payable or loan guarantees.
NOTE 5 – NONCASH AWARDS
During the year ended September 30, 2022, the City did not receive any noncash assistance.
NOTE 6 – FEDERALLY FUNDED INSURANCE
During the year ended September 30, 2022, the City did not have insurance that was federally funded.
NOTE 7 – PROGRAM INCOME
Community Development Block Grants, CDFA 14.218, reported program income in the amount of $115,155 for the year ended September 30, 2022.
NOTE 8 – PRIOR YEAR ELIGIBLE COSTS
Hazard Mitigation Grant Program, CDFA 97.039, reported prior year eligible costs in the amount of $79,214 for the year ended September 30, 2022.
De Minimis Rate Used: Y
Rate Explanation: The auditee used the de minimis cost rate
During the year ended September 30, 2022, the City did not receive any noncash assistance.
Title: NOTE 6 – FEDERALLY FUNDED INSURANCE
Accounting Policies: NOTE 1 – BASIS OF PRESENTATION
The accompanying Schedule of Expenditures of Federal and State Awards presents the activity of all federal and state award programs of the City of Edinburg, Texas, for the year ended September 30, 2022. The accompanying schedule of expenditures of federal and state awards includes the federal and state grant activity of the City of Edinburg, Texas and is presented on the modified accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of the Uniform Guidance and the State of Texas Single Audit Circular. Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of the basic financial statements. Because this schedule presents only a selected portion of the operations of the City of Edinburg, it is not intended to and does not present the financial position, changes in net position, or cash flows of the City of Edinburg.
NOTE 2 – INDIRECT COST RATE
The City has elected to use the 10% de minimis indirect cost rate. No grants received by the City for the year ended September 30, 2022 were provided for reimbursement of indirect costs.
NOTE 3 – PROGRAM COSTS/MATCHING CONTRIBUTIONS
The amounts shown as current year expenses represent only the federal grant portion of the program costs. Entire program costs, including the City’s portion, may be more than shown.
NOTE 4 – FEDERAL LOANS AND LOAN GUARANTEES
During the year ended September 30, 2022, the City had no outstanding federal loans payable or loan guarantees.
NOTE 5 – NONCASH AWARDS
During the year ended September 30, 2022, the City did not receive any noncash assistance.
NOTE 6 – FEDERALLY FUNDED INSURANCE
During the year ended September 30, 2022, the City did not have insurance that was federally funded.
NOTE 7 – PROGRAM INCOME
Community Development Block Grants, CDFA 14.218, reported program income in the amount of $115,155 for the year ended September 30, 2022.
NOTE 8 – PRIOR YEAR ELIGIBLE COSTS
Hazard Mitigation Grant Program, CDFA 97.039, reported prior year eligible costs in the amount of $79,214 for the year ended September 30, 2022.
De Minimis Rate Used: Y
Rate Explanation: The auditee used the de minimis cost rate
During the year ended September 30, 2022, the City did not have insurance that was federally funded.
Title: NOTE 7 – PROGRAM INCOME
Accounting Policies: NOTE 1 – BASIS OF PRESENTATION
The accompanying Schedule of Expenditures of Federal and State Awards presents the activity of all federal and state award programs of the City of Edinburg, Texas, for the year ended September 30, 2022. The accompanying schedule of expenditures of federal and state awards includes the federal and state grant activity of the City of Edinburg, Texas and is presented on the modified accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of the Uniform Guidance and the State of Texas Single Audit Circular. Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of the basic financial statements. Because this schedule presents only a selected portion of the operations of the City of Edinburg, it is not intended to and does not present the financial position, changes in net position, or cash flows of the City of Edinburg.
NOTE 2 – INDIRECT COST RATE
The City has elected to use the 10% de minimis indirect cost rate. No grants received by the City for the year ended September 30, 2022 were provided for reimbursement of indirect costs.
NOTE 3 – PROGRAM COSTS/MATCHING CONTRIBUTIONS
The amounts shown as current year expenses represent only the federal grant portion of the program costs. Entire program costs, including the City’s portion, may be more than shown.
NOTE 4 – FEDERAL LOANS AND LOAN GUARANTEES
During the year ended September 30, 2022, the City had no outstanding federal loans payable or loan guarantees.
NOTE 5 – NONCASH AWARDS
During the year ended September 30, 2022, the City did not receive any noncash assistance.
NOTE 6 – FEDERALLY FUNDED INSURANCE
During the year ended September 30, 2022, the City did not have insurance that was federally funded.
NOTE 7 – PROGRAM INCOME
Community Development Block Grants, CDFA 14.218, reported program income in the amount of $115,155 for the year ended September 30, 2022.
NOTE 8 – PRIOR YEAR ELIGIBLE COSTS
Hazard Mitigation Grant Program, CDFA 97.039, reported prior year eligible costs in the amount of $79,214 for the year ended September 30, 2022.
De Minimis Rate Used: Y
Rate Explanation: The auditee used the de minimis cost rate
Community Development Block Grants, CDFA 14.218, reported program income in the amount of $115,155 for the year ended September 30, 2022.
Title: NOTE 8 – PRIOR YEAR ELIGIBLE COSTS
Accounting Policies: NOTE 1 – BASIS OF PRESENTATION
The accompanying Schedule of Expenditures of Federal and State Awards presents the activity of all federal and state award programs of the City of Edinburg, Texas, for the year ended September 30, 2022. The accompanying schedule of expenditures of federal and state awards includes the federal and state grant activity of the City of Edinburg, Texas and is presented on the modified accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of the Uniform Guidance and the State of Texas Single Audit Circular. Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of the basic financial statements. Because this schedule presents only a selected portion of the operations of the City of Edinburg, it is not intended to and does not present the financial position, changes in net position, or cash flows of the City of Edinburg.
NOTE 2 – INDIRECT COST RATE
The City has elected to use the 10% de minimis indirect cost rate. No grants received by the City for the year ended September 30, 2022 were provided for reimbursement of indirect costs.
NOTE 3 – PROGRAM COSTS/MATCHING CONTRIBUTIONS
The amounts shown as current year expenses represent only the federal grant portion of the program costs. Entire program costs, including the City’s portion, may be more than shown.
NOTE 4 – FEDERAL LOANS AND LOAN GUARANTEES
During the year ended September 30, 2022, the City had no outstanding federal loans payable or loan guarantees.
NOTE 5 – NONCASH AWARDS
During the year ended September 30, 2022, the City did not receive any noncash assistance.
NOTE 6 – FEDERALLY FUNDED INSURANCE
During the year ended September 30, 2022, the City did not have insurance that was federally funded.
NOTE 7 – PROGRAM INCOME
Community Development Block Grants, CDFA 14.218, reported program income in the amount of $115,155 for the year ended September 30, 2022.
NOTE 8 – PRIOR YEAR ELIGIBLE COSTS
Hazard Mitigation Grant Program, CDFA 97.039, reported prior year eligible costs in the amount of $79,214 for the year ended September 30, 2022.
De Minimis Rate Used: Y
Rate Explanation: The auditee used the de minimis cost rate
Hazard Mitigation Grant Program, CDFA 97.039, reported prior year eligible costs in the amount of $79,214 for the year ended September 30, 2022.