Title: Contingencies
Accounting Policies: Funds received under the various grant programs have been recorded within the general fund and special revenue funds of the City. The City utilizes the modified accrual method of accounting for the general fund and special revenue funds. The accompanying Schedule of Expenditures of Federal Awards (“Schedule”) is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (the “Uniform Guidance”). Therefore, some amounts presented in the schedule may differ from amounts presented in, or used in, the preparation of the City’s basic financial statements. The accompanying Schedule presents the activity of all federal financial assistance programs of the City. For the purposes of this schedule, federal awards include both federal financial assistance received directly from a federal agency, as well as federal funds received indirectly by the City from a non-federal agency or other organization. Only the portion of program expenditures reimbursable with such federal funds is reported in the accompanying Schedule. Program expenditures in excess of the maximum federal reimbursement authorized or the portion of the program expenditures that were funded with state, local or other non-federal funds are excluded from the accompanying Schedule. The Schedule was prepared from only the accounts of various grant programs and, therefore, does not present the financial position, change in fund balance, or results of operations of the City.
De Minimis Rate Used: N
Rate Explanation: The City has elected not to use the 10% de minimis indirect cost rate as allowed under the Uniform Guidance.
Under the terms of federal and state grants, additional audits may be requested by the grantor agencies, and certain costs may be questioned as not being appropriate expenditures under the terms of the grants. Such audits could lead to a request for reimbursement to the grantor agencies.
Title: Subrecipients
Accounting Policies: Funds received under the various grant programs have been recorded within the general fund and special revenue funds of the City. The City utilizes the modified accrual method of accounting for the general fund and special revenue funds. The accompanying Schedule of Expenditures of Federal Awards (“Schedule”) is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (the “Uniform Guidance”). Therefore, some amounts presented in the schedule may differ from amounts presented in, or used in, the preparation of the City’s basic financial statements. The accompanying Schedule presents the activity of all federal financial assistance programs of the City. For the purposes of this schedule, federal awards include both federal financial assistance received directly from a federal agency, as well as federal funds received indirectly by the City from a non-federal agency or other organization. Only the portion of program expenditures reimbursable with such federal funds is reported in the accompanying Schedule. Program expenditures in excess of the maximum federal reimbursement authorized or the portion of the program expenditures that were funded with state, local or other non-federal funds are excluded from the accompanying Schedule. The Schedule was prepared from only the accounts of various grant programs and, therefore, does not present the financial position, change in fund balance, or results of operations of the City.
De Minimis Rate Used: N
Rate Explanation: The City has elected not to use the 10% de minimis indirect cost rate as allowed under the Uniform Guidance.
During the year ended June 30, 2022, the City provided federal fund 14.218 Community Development Block Grants / Entitlement Grants to the following subrecipients:Interim-Mental Health Wellness $ 418,195 Downtown Street Team 189,846 Eden Council Hope & Opportunity 91,582 Girls Inc of the Central Coast 27,722 Methodist Church 17,255 Total Community Development Block Grants / Entitlement Grants 744,600. The City also provided federal fund 14.231 Emergency Solutions Grants to the following subrecipients: CSUMB-University Corporation at Monterey Bay 1,121,607 Bay Area Community Services 915,094 Community Homeless Solutions 868,635 Central Coast Center for Independent Living 714,149 Community Human Service 444,492 Downtown Street Team 337,107 San Benito County 277,392 Franciscan Workers of Junipero Sera 277,246 Interim-Mental Health Wellness 180,980 Step Up on Second Street 141,600 Coalition of Homeless Service Providers 35,877 Housing Resource Center for Monterey County 736 Total Emergency Solutions Grants 5,314,915 The City also provided federal fund 16.738 Bureau of Justice Assistance Edward Bryne Memorial Justice Assistance Grant to the following subrecipients: Monterey Co-Sheriff's Office Monterey 20,634 Co-District Attorney's Office 18,146 Total Bureau of Justice Assistance Edward Bryne Memorial Justice Assistance Grant 38,780 Total Amount Provided to Subrecipients $ 6,098,295