Notes to SEFA
Title: Reconciliation of the Schedule to the Financial Statements
Accounting Policies: The accompanying schedule of expenditures of federal awards (the Schedule) presents the federal financial assistance programs of the Governmental Services Department (the Department) of the Pueblo of Nambe (the Pueblo). The reporting entity is defined in Note 1 to the Departments financial statements. All federal financial assistance received directly from federal agencies, as well as federal financial assistance passed through other government agencies, is included on the Schedule, except for the Pueblos housing entity. The information in this Schedule is presented in accordance with 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 Pueblo, it is not intended to and does not present the financial position, changes in net position, or cash flows of the Pueblo. The accompanying Schedule is presented using the modified accrual basis of accounting, which is described in Note 1 to the Departments basic financial statements. Pass-through entity identifying numbers are presented where applicable.
De Minimis Rate Used: N
Rate Explanation: The Department has a negotiated indirect cost rate and, therefore, has elected not to use the 10% de minimis indirect cost rate.
The following is a reconciliation of the expenditures reported on the Schedule to the expenditures reported in the financial statements for the Department: Expenditures according to the schedule of expenditures of federal awards - $4,462,471. Expenditures funded by state and other nonfederal funding sources - 1,855,229. The Department reported these expenditures in the Indian Housing Assistance Fund in the Schedule; however, they were reported as distributions to the Housing Entity in the governmental funds as they were used by the Housing Entity for allowable costs - (84,969). Expenditures according to the statement of revenues, expenditures and changes in fund balance grants and contracts fund - $6,232,731.
Title: Federal Award Identification Number
Accounting Policies: The accompanying schedule of expenditures of federal awards (the Schedule) presents the federal financial assistance programs of the Governmental Services Department (the Department) of the Pueblo of Nambe (the Pueblo). The reporting entity is defined in Note 1 to the Departments financial statements. All federal financial assistance received directly from federal agencies, as well as federal financial assistance passed through other government agencies, is included on the Schedule, except for the Pueblos housing entity. The information in this Schedule is presented in accordance with 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 Pueblo, it is not intended to and does not present the financial position, changes in net position, or cash flows of the Pueblo. The accompanying Schedule is presented using the modified accrual basis of accounting, which is described in Note 1 to the Departments basic financial statements. Pass-through entity identifying numbers are presented where applicable.
De Minimis Rate Used: N
Rate Explanation: The Department has a negotiated indirect cost rate and, therefore, has elected not to use the 10% de minimis indirect cost rate.
The federal agency is responsible for providing the Department with the Assistance Listing Number for each grant or contract. For pass-through awards, the pass-through granting agencies are responsible for providing the Department with pass-through grantor numbers.