Title: BASIS OF PRESENTATION
Accounting Policies: Note A: Basis of Presentation The accompanying schedule of expenditures of federal awards includes the federal grant activity of the City of Liberal, Kansas and is presented on the accrual basis of accounting. The information in this schedule is presented in 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 schedule presents only a selected portion of the operations of the City of Liberal, Kansas, it is not intended to and does not present the financial position, changes in net position, or cash flows of the City of Liberal, Kansas. Note B: Subrecipient Grant Agreement There were no subrecipient agreements at December 31, 2022. Note C: Indirect Cost Rate The City of Liberal, Kansas has elected not to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance. Note D: Noncash Assistance and Cumulative Endowment Funds The City of Liberal, Kansas received no federal noncash assistance and no cumulative endowment funds for the year ended December 31, 2022. Note E: Federal Loan or Loan Guarantee Programs For the year 2022, the following loan was outstanding at year end: Kansas Water Pollution Control Revolving Loan Fund $26,849,358 There were no loan guarantees outstanding at year end. Note F: There was no interest subsidy received by the City of Liberal, Kansas under a federal loan or loan guarantee program. Note G: No awards were passed through to subrecipients.
De Minimis Rate Used: Y
Rate Explanation: The City of Liberal, Kansas has elected not to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance
The accompanying schedule of expenditures of federal awards includes the federal grant activity of the City of Liberal, Kansas and is presented on the accrual basis of accounting. The information in this schedule is presented in 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 schedule presents only a selected portion of the operations of the City of Liberal, Kansas, it is not intended to and does not present the financial position, changes in net position, or cash flows of the City of Liberal, Kansas.
Title: SUBRECIPIENT GRANT AGREEMENT
Accounting Policies: Note A: Basis of Presentation The accompanying schedule of expenditures of federal awards includes the federal grant activity of the City of Liberal, Kansas and is presented on the accrual basis of accounting. The information in this schedule is presented in 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 schedule presents only a selected portion of the operations of the City of Liberal, Kansas, it is not intended to and does not present the financial position, changes in net position, or cash flows of the City of Liberal, Kansas. Note B: Subrecipient Grant Agreement There were no subrecipient agreements at December 31, 2022. Note C: Indirect Cost Rate The City of Liberal, Kansas has elected not to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance. Note D: Noncash Assistance and Cumulative Endowment Funds The City of Liberal, Kansas received no federal noncash assistance and no cumulative endowment funds for the year ended December 31, 2022. Note E: Federal Loan or Loan Guarantee Programs For the year 2022, the following loan was outstanding at year end: Kansas Water Pollution Control Revolving Loan Fund $26,849,358 There were no loan guarantees outstanding at year end. Note F: There was no interest subsidy received by the City of Liberal, Kansas under a federal loan or loan guarantee program. Note G: No awards were passed through to subrecipients.
De Minimis Rate Used: Y
Rate Explanation: The City of Liberal, Kansas has elected not to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance
There were no subrecipient agreements at December 31, 2022.
Title: INDIRECT COST RATE
Accounting Policies: Note A: Basis of Presentation The accompanying schedule of expenditures of federal awards includes the federal grant activity of the City of Liberal, Kansas and is presented on the accrual basis of accounting. The information in this schedule is presented in 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 schedule presents only a selected portion of the operations of the City of Liberal, Kansas, it is not intended to and does not present the financial position, changes in net position, or cash flows of the City of Liberal, Kansas. Note B: Subrecipient Grant Agreement There were no subrecipient agreements at December 31, 2022. Note C: Indirect Cost Rate The City of Liberal, Kansas has elected not to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance. Note D: Noncash Assistance and Cumulative Endowment Funds The City of Liberal, Kansas received no federal noncash assistance and no cumulative endowment funds for the year ended December 31, 2022. Note E: Federal Loan or Loan Guarantee Programs For the year 2022, the following loan was outstanding at year end: Kansas Water Pollution Control Revolving Loan Fund $26,849,358 There were no loan guarantees outstanding at year end. Note F: There was no interest subsidy received by the City of Liberal, Kansas under a federal loan or loan guarantee program. Note G: No awards were passed through to subrecipients.
De Minimis Rate Used: Y
Rate Explanation: The City of Liberal, Kansas has elected not to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance
The City of Liberal, Kansas has elected not to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance.
Title: NONCASH ASSISTANCE AND CUMULATIVE ENDOWMENT FUNDS
Accounting Policies: Note A: Basis of Presentation The accompanying schedule of expenditures of federal awards includes the federal grant activity of the City of Liberal, Kansas and is presented on the accrual basis of accounting. The information in this schedule is presented in 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 schedule presents only a selected portion of the operations of the City of Liberal, Kansas, it is not intended to and does not present the financial position, changes in net position, or cash flows of the City of Liberal, Kansas. Note B: Subrecipient Grant Agreement There were no subrecipient agreements at December 31, 2022. Note C: Indirect Cost Rate The City of Liberal, Kansas has elected not to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance. Note D: Noncash Assistance and Cumulative Endowment Funds The City of Liberal, Kansas received no federal noncash assistance and no cumulative endowment funds for the year ended December 31, 2022. Note E: Federal Loan or Loan Guarantee Programs For the year 2022, the following loan was outstanding at year end: Kansas Water Pollution Control Revolving Loan Fund $26,849,358 There were no loan guarantees outstanding at year end. Note F: There was no interest subsidy received by the City of Liberal, Kansas under a federal loan or loan guarantee program. Note G: No awards were passed through to subrecipients.
De Minimis Rate Used: Y
Rate Explanation: The City of Liberal, Kansas has elected not to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance
The City of Liberal, Kansas received no federal noncash assistance and no cumulative endowment funds for the year ended December 31, 2022.
Title: FEDERAL LOAN OR LOAN GUARANTEE PROGRAMS
Accounting Policies: Note A: Basis of Presentation The accompanying schedule of expenditures of federal awards includes the federal grant activity of the City of Liberal, Kansas and is presented on the accrual basis of accounting. The information in this schedule is presented in 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 schedule presents only a selected portion of the operations of the City of Liberal, Kansas, it is not intended to and does not present the financial position, changes in net position, or cash flows of the City of Liberal, Kansas. Note B: Subrecipient Grant Agreement There were no subrecipient agreements at December 31, 2022. Note C: Indirect Cost Rate The City of Liberal, Kansas has elected not to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance. Note D: Noncash Assistance and Cumulative Endowment Funds The City of Liberal, Kansas received no federal noncash assistance and no cumulative endowment funds for the year ended December 31, 2022. Note E: Federal Loan or Loan Guarantee Programs For the year 2022, the following loan was outstanding at year end: Kansas Water Pollution Control Revolving Loan Fund $26,849,358 There were no loan guarantees outstanding at year end. Note F: There was no interest subsidy received by the City of Liberal, Kansas under a federal loan or loan guarantee program. Note G: No awards were passed through to subrecipients.
De Minimis Rate Used: Y
Rate Explanation: The City of Liberal, Kansas has elected not to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance
For the year 2022, the following loan was outstanding at year end: Kansas Water Pollution Control Revolving Loan Fund $26,849,358 There were no loan guarantees outstanding at year end.
Title: INTEREST SUBSIDY
Accounting Policies: Note A: Basis of Presentation The accompanying schedule of expenditures of federal awards includes the federal grant activity of the City of Liberal, Kansas and is presented on the accrual basis of accounting. The information in this schedule is presented in 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 schedule presents only a selected portion of the operations of the City of Liberal, Kansas, it is not intended to and does not present the financial position, changes in net position, or cash flows of the City of Liberal, Kansas. Note B: Subrecipient Grant Agreement There were no subrecipient agreements at December 31, 2022. Note C: Indirect Cost Rate The City of Liberal, Kansas has elected not to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance. Note D: Noncash Assistance and Cumulative Endowment Funds The City of Liberal, Kansas received no federal noncash assistance and no cumulative endowment funds for the year ended December 31, 2022. Note E: Federal Loan or Loan Guarantee Programs For the year 2022, the following loan was outstanding at year end: Kansas Water Pollution Control Revolving Loan Fund $26,849,358 There were no loan guarantees outstanding at year end. Note F: There was no interest subsidy received by the City of Liberal, Kansas under a federal loan or loan guarantee program. Note G: No awards were passed through to subrecipients.
De Minimis Rate Used: Y
Rate Explanation: The City of Liberal, Kansas has elected not to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance
There was no interest subsidy received by the City of Liberal, Kansas under a federal loan or loan guarantee program.
Title: SUBRECIPIENTS
Accounting Policies: Note A: Basis of Presentation The accompanying schedule of expenditures of federal awards includes the federal grant activity of the City of Liberal, Kansas and is presented on the accrual basis of accounting. The information in this schedule is presented in 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 schedule presents only a selected portion of the operations of the City of Liberal, Kansas, it is not intended to and does not present the financial position, changes in net position, or cash flows of the City of Liberal, Kansas. Note B: Subrecipient Grant Agreement There were no subrecipient agreements at December 31, 2022. Note C: Indirect Cost Rate The City of Liberal, Kansas has elected not to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance. Note D: Noncash Assistance and Cumulative Endowment Funds The City of Liberal, Kansas received no federal noncash assistance and no cumulative endowment funds for the year ended December 31, 2022. Note E: Federal Loan or Loan Guarantee Programs For the year 2022, the following loan was outstanding at year end: Kansas Water Pollution Control Revolving Loan Fund $26,849,358 There were no loan guarantees outstanding at year end. Note F: There was no interest subsidy received by the City of Liberal, Kansas under a federal loan or loan guarantee program. Note G: No awards were passed through to subrecipients.
De Minimis Rate Used: Y
Rate Explanation: The City of Liberal, Kansas has elected not to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance
No awards were passed through to subrecipients.