Audit 2315

FY End
2023-04-30
Total Expended
$1.52M
Findings
0
Programs
5
Organization: City of Franklin, Louisiana (LA)
Year: 2023 Accepted: 2023-11-06

Organization Exclusion Status:

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Findings

No findings recorded

Contacts

Name Title Type
UF8HMN6MFDR5 Karen Leblanc Auditee
3378286310 Gerald A. Thibodeaux, Jr. Auditor
No contacts on file

Notes to SEFA

Title: Subrecipients Accounting Policies: Expenditures 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 to reimbursement. De Minimis Rate Used: N Rate Explanation: The City did not incur any indirect costs assiciated with federal awards. Of the federal expenditures presented in the Schedule of Expenditures of Federal Awards,the City provided federal awards to subrecipients as follows:
Title: Donated PPE Purchased with Federal Assistance Funds for the COVID-19 Response Accounting Policies: Expenditures 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 to reimbursement. De Minimis Rate Used: N Rate Explanation: The City did not incur any indirect costs assiciated with federal awards. The City did not receive donated PPE purchased with federal assistance funds for COVID-19 response.