Title: Assistance Listing Number 21.032
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards (the “Schedule”) includes the federal
award activity of the City and Borough of Sitka, Alaska (the City and Borough) under programs of the
federal government for the year ended June 30, 2023. 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 and
Borough, it is not intended to and does not present the financial position, changes in net position or
cash flows of the City and Borough. Expenditures reported on the Schedule are reported on the modified accrual basis of accounting.
Such expenditures are recognized following the cost principles contained in the Uniform Guidance,
wherein certain types of expenditures are not allowable or are limited as to reimbursement.
Negative amounts shown on the Schedule, if any, represent adjustments or credits made in the
normal course of business to amounts reported as expenditures in prior years. Pass-through entity
identifying numbers are presented where available.
De Minimis Rate Used: N
Rate Explanation: The City and Borough has elected to not use the 10-percent de minimis indirect cost rate allowed
under the Uniform Guidance.
The City and Borough reported the Local Assistance and Tribal Consistency Fund expenditures of
$1,436,922 on the Schedule for the year ended June 30, 2023, which were approved during the
current year fiscal year, but were incurred in the prior fiscal year.
Title: Assistance Listing Number 21.027
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards (the “Schedule”) includes the federal
award activity of the City and Borough of Sitka, Alaska (the City and Borough) under programs of the
federal government for the year ended June 30, 2023. 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 and
Borough, it is not intended to and does not present the financial position, changes in net position or
cash flows of the City and Borough. Expenditures reported on the Schedule are reported on the modified accrual basis of accounting.
Such expenditures are recognized following the cost principles contained in the Uniform Guidance,
wherein certain types of expenditures are not allowable or are limited as to reimbursement.
Negative amounts shown on the Schedule, if any, represent adjustments or credits made in the
normal course of business to amounts reported as expenditures in prior years. Pass-through entity
identifying numbers are presented where available.
De Minimis Rate Used: N
Rate Explanation: The City and Borough has elected to not use the 10-percent de minimis indirect cost rate allowed
under the Uniform Guidance.
The City and Borough reported the Coronavirus State and Local Fiscal Recovery Fund expenditures
of $1,027,830 on the Schedule for the year ended June 30, 2023, which were approved during the
current year fiscal year, but were incurred in the prior fiscal year.
Title: Assistance Listing Number 66.468
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards (the “Schedule”) includes the federal
award activity of the City and Borough of Sitka, Alaska (the City and Borough) under programs of the
federal government for the year ended June 30, 2023. 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 and
Borough, it is not intended to and does not present the financial position, changes in net position or
cash flows of the City and Borough. Expenditures reported on the Schedule are reported on the modified accrual basis of accounting.
Such expenditures are recognized following the cost principles contained in the Uniform Guidance,
wherein certain types of expenditures are not allowable or are limited as to reimbursement.
Negative amounts shown on the Schedule, if any, represent adjustments or credits made in the
normal course of business to amounts reported as expenditures in prior years. Pass-through entity
identifying numbers are presented where available.
De Minimis Rate Used: N
Rate Explanation: The City and Borough has elected to not use the 10-percent de minimis indirect cost rate allowed
under the Uniform Guidance.
The City and Borough reported the Drinking Water State Revolving Fund expenditures as a
negative value of $2,963,764 on the Schedule for the year ended June 30, 2023. Per new
information received regarding the classification, these funds were determined to not be
federally funded. The expenditures were incurred during the prior fiscal year and should not have
been presented as federal expenditures.