Notes to SEFA
Accounting Policies: Federal financial assistance is defined as assistance provided by a federal agency, either directly or indirectly, in the form of grants, contracts, cooperative agreements, loans, loan guarantees, property, interest subsidies, insurance, endowments, or direct appropriations. Federal financial assistance does not include direct federal cash assistance to individuals.
Assistance Listing Number – Uniform Guidance requires the Schedule to show the total expenditures for each of the City's federal financial assistance programs as identified in the Assistance Living Number (ALN). The ALN is a government-wide summary of individual federal programs. Each program included in the ALN is assigned a five-digit program identification number (ALN) which is reflected in the Schedule. Federal financial assistance programs and contracts which have not been assigned a ALN have been identified as “None” in the ALN Column of the Schedule.
Type A and Type B Programs - The Single Audit Act of 1984 (as amended) and the Uniform Guidance establish the levels to be used in defining Type A and Type B federal programs. Type A programs for the City are those programs that exceeded $750,000 in the federal awards expended for the fiscal year ended June 30, 2023. All other programs are classified as Type B by the City.
Expenditures reported in the Schedule are reported on the same basis of accounting used for each fund as described in Footnote 1 of the City's basic financial statements. When applicable, such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: The City used direct costs for all grants and did not allocate indirect costs.