Title: DRINKING WATER STATE REVOLVING FUND (DWSRF) LOAN PROGRAM
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards presents the activity of all federal award programs of City for
the year ended September 30, 2022. The information in the SEFA is presented in accordance with 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 SEFA presents only a selected portion of the operations of the City, it is
not intended to, and does not present, the financial position, changes in net position, or cash flows of the City. Basis of Accounting ‐ The Schedule of Expenditures of Federal Awards is prepared on the modified accrual basis of
accounting. The modified accural basis of accounting is described in Note 1 of the basic financial statements. Federal grant
funds are considered to be earned to the extent of expenditures made under the providions of the grant, and, accordingly,
when such funds are received, they are recorded as deferred revenues until earned. Such expenditures are recognized
following the cost principles contained in the Uniform Guidance, wherein certain types of expendituers are not allowable or
are limited as to reimbursment.
Relationship to Federal Financial Reports ‐ Amounts reported in the accompanying schedule may not agree with the
amounts reported in the related Federal financial reports filed with grantor agencies because of different program yearends,
different methods of accounting (cash versus modified accrual basis), and estimates made by management.
De Minimis Rate Used: N
Rate Explanation: The City has not elected to use the 10 percent de minimus indirect cost rate as allowed under the Uniform Guidance
DWSRF State Revolving Loan Fund Program ‐ Loan program commitment for financial assistance represents a pass‐through
federal award provided by the Environmental Protection Agency as approved by the Texas Water Development Board
(TWDB). DWSRF State Revolving Loan Program pass through TWDB are reported in the City's financial statements as follows Federal Award Identification L1000103 with the Balance at September 30,2022 of $3,100,000 plus the Federal Award Identification LM16100561 of $15,045,000 plus Federal Award Identification LM17100561 of $11,225,000 plus Federal Award Identification LM18100561 of $14,565,000 plus Federal Award Identification LF1001155 of $3,520,000 equals total balance at September 30, 2022 is $47,455,000.
Title: SUB‐RECIPIENTS
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards presents the activity of all federal award programs of City for
the year ended September 30, 2022. The information in the SEFA is presented in accordance with 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 SEFA presents only a selected portion of the operations of the City, it is
not intended to, and does not present, the financial position, changes in net position, or cash flows of the City. Basis of Accounting ‐ The Schedule of Expenditures of Federal Awards is prepared on the modified accrual basis of
accounting. The modified accural basis of accounting is described in Note 1 of the basic financial statements. Federal grant
funds are considered to be earned to the extent of expenditures made under the providions of the grant, and, accordingly,
when such funds are received, they are recorded as deferred revenues until earned. Such expenditures are recognized
following the cost principles contained in the Uniform Guidance, wherein certain types of expendituers are not allowable or
are limited as to reimbursment.
Relationship to Federal Financial Reports ‐ Amounts reported in the accompanying schedule may not agree with the
amounts reported in the related Federal financial reports filed with grantor agencies because of different program yearends,
different methods of accounting (cash versus modified accrual basis), and estimates made by management.
De Minimis Rate Used: N
Rate Explanation: The City has not elected to use the 10 percent de minimus indirect cost rate as allowed under the Uniform Guidance
During the year ended September 30, 2022, the City had no sub‐recipients for either Federal or State grants.
Title: FEDERALLY FUNDED INSURANCE
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards presents the activity of all federal award programs of City for
the year ended September 30, 2022. The information in the SEFA is presented in accordance with 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 SEFA presents only a selected portion of the operations of the City, it is
not intended to, and does not present, the financial position, changes in net position, or cash flows of the City. Basis of Accounting ‐ The Schedule of Expenditures of Federal Awards is prepared on the modified accrual basis of
accounting. The modified accural basis of accounting is described in Note 1 of the basic financial statements. Federal grant
funds are considered to be earned to the extent of expenditures made under the providions of the grant, and, accordingly,
when such funds are received, they are recorded as deferred revenues until earned. Such expenditures are recognized
following the cost principles contained in the Uniform Guidance, wherein certain types of expendituers are not allowable or
are limited as to reimbursment.
Relationship to Federal Financial Reports ‐ Amounts reported in the accompanying schedule may not agree with the
amounts reported in the related Federal financial reports filed with grantor agencies because of different program yearends,
different methods of accounting (cash versus modified accrual basis), and estimates made by management.
De Minimis Rate Used: N
Rate Explanation: The City has not elected to use the 10 percent de minimus indirect cost rate as allowed under the Uniform Guidance
During the year ended September 30, 2022, the City had no federally funded insurance.
Title: NONCASH AWARDS
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards presents the activity of all federal award programs of City for
the year ended September 30, 2022. The information in the SEFA is presented in accordance with 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 SEFA presents only a selected portion of the operations of the City, it is
not intended to, and does not present, the financial position, changes in net position, or cash flows of the City. Basis of Accounting ‐ The Schedule of Expenditures of Federal Awards is prepared on the modified accrual basis of
accounting. The modified accural basis of accounting is described in Note 1 of the basic financial statements. Federal grant
funds are considered to be earned to the extent of expenditures made under the providions of the grant, and, accordingly,
when such funds are received, they are recorded as deferred revenues until earned. Such expenditures are recognized
following the cost principles contained in the Uniform Guidance, wherein certain types of expendituers are not allowable or
are limited as to reimbursment.
Relationship to Federal Financial Reports ‐ Amounts reported in the accompanying schedule may not agree with the
amounts reported in the related Federal financial reports filed with grantor agencies because of different program yearends,
different methods of accounting (cash versus modified accrual basis), and estimates made by management.
De Minimis Rate Used: N
Rate Explanation: The City has not elected to use the 10 percent de minimus indirect cost rate as allowed under the Uniform Guidance
During the year ended September 30, 2022, the City did not receive any non‐cash federal awards.
Title: LOAN / LOAN GUARANTEE OUTSTANDING BALANCES
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards presents the activity of all federal award programs of City for
the year ended September 30, 2022. The information in the SEFA is presented in accordance with 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 SEFA presents only a selected portion of the operations of the City, it is
not intended to, and does not present, the financial position, changes in net position, or cash flows of the City. Basis of Accounting ‐ The Schedule of Expenditures of Federal Awards is prepared on the modified accrual basis of
accounting. The modified accural basis of accounting is described in Note 1 of the basic financial statements. Federal grant
funds are considered to be earned to the extent of expenditures made under the providions of the grant, and, accordingly,
when such funds are received, they are recorded as deferred revenues until earned. Such expenditures are recognized
following the cost principles contained in the Uniform Guidance, wherein certain types of expendituers are not allowable or
are limited as to reimbursment.
Relationship to Federal Financial Reports ‐ Amounts reported in the accompanying schedule may not agree with the
amounts reported in the related Federal financial reports filed with grantor agencies because of different program yearends,
different methods of accounting (cash versus modified accrual basis), and estimates made by management.
De Minimis Rate Used: N
Rate Explanation: The City has not elected to use the 10 percent de minimus indirect cost rate as allowed under the Uniform Guidance
The City of Eagle Pass, Texas did not have any federal loans or loan guarantees outstanding during the year