Notes to SEFA
Title: Note 3 - Noncash Awards - Equipment
Accounting Policies: This Schedule is prepared on the same basis of as the Citys financial statements. The City uses the modified accrual basis of accounting in all governmental and custodial funds of the City.
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 City received equipment and supplies that were purchased with federal Homeland Security funds by the City of Seattle Fire Department ($11,184.91) and the City of Seattle Police Department ($158,688.46). The amount reported on the Schedule is the value of the property on the date it was received by the City of Kirkland Fire and Police Departments and priced by the City of Seattle Fire and Police Departments.
Title: Note 4 - Program Costs
Accounting Policies: This Schedule is prepared on the same basis of as the Citys financial statements. The City uses the modified accrual basis of accounting in all governmental and custodial funds of the City.
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 amounts shown as current year expenditures represent only the federal award portion of the program costs. Entire program costs, including the Citys portion, are more than shown. 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 allowable or are limited as to reimbursement.
Title: Note 5 - Prior Period Expenditures (ALN 16.922)
Accounting Policies: This Schedule is prepared on the same basis of as the Citys financial statements. The City uses the modified accrual basis of accounting in all governmental and custodial funds of the City.
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 City spent $21,272 on purchases of law enforcement equipment under the US Department of Justice Equitable Program. These expenditures are from 2021 and were not previously included on the SEFA. Due to the timing of when the City was made aware these expenditures required reporting on this Schedule, it has been included on the 2022 SEFA.
Title: Note 6 - Prior Period Expenditures (ALN 21.016)
Accounting Policies: This Schedule is prepared on the same basis of as the Citys financial statements. The City uses the modified accrual basis of accounting in all governmental and custodial funds of the City.
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 City spent $26,511 on purchases of law enforcement equipment under the US Department of Treasury Equitable Sharing Program. These expenditures are from 2017 ($16,698), 2018 ($9,379), and 2021 ($434) and were not previously included on the SEFA for those years. Due to the timing of when the City was made aware these expenditures required reporting on this Schedule, it has been included on the 2022 SEFA.