Audit 22332

Title: Expenditures Incurred Prior to 2022 Accounting Policies: The accompanying schedule of expenditures of federal awards (the Schedule) includes the federalaward activity of the City of Norman, Oklahoma (the City) under programs of the federalgovernment for the year ended June 30, 2022. The information in this Schedule is presented inaccordance with the requirements of Title 2 U.S. Code of Federal Regulations Part 200, UniformAdministrative Requirements, Cost Principles, and Audit Requirements for Federal Awards(Uniform Guidance). Because the Schedule presents only a selected portion of the operations ofthe City, it is not intended to and does not present the financial position, changes in net position, orcash flows of the City. 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 Guidanceor other regulatory requirements, wherein certain types of expenditures are not allowable or arelimited as to reimbursement. Negative amounts shown on the Schedule represent adjustments orcredits made in the normal course of business to amounts reported as expenditures in prior years. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate. Federal Assistance Listing Number 14.228 includes $42,123 of expenditures incurred during theyear ended June 30, 2020. However, because the financial assistance was not included in theCitys schedule of expenditures of federal awards for that year, the expenditures are included in thecurrent year schedule of expenditures of federal awards as requested by the pass-through agency.There was no material impact as a result.Federal Assistance Listing Number 97.036 includes $3,878,114 of expenditures incurred during theyear ended June 30, 2021 as the project worksheet was not approved by the Federal EmergencyManagement Agency (FEMA) until the fiscal year ended 2022.