Notes to SEFA
Title: NOTE A - BASIS OF PRESENTATION
Accounting Policies: Expenditures reported on the Schedule are reported on the modified accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance and/or OMB Circular A-87, Cost Principles for State, Local and Indian Tribal Governments, wherein certain types of expenditures are not allowable or limited as to reimburement. Pass-through entity identifying numbers are presented where available.
De Minimis Rate Used: N
Rate Explanation: Expenditures are reported at the rate of actual cost expended. Auditee does not use de minimus cost rate and does not allocate overhead to grants. Only costs actually expended are reported.
The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal award activity of the City of South Salt Lake under programs of the federal government for the year ended June 30, 2022. The information in this 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 (Uniform Guidance). Because the Schedule 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.
Title: NOTE B - SUMMARY ONF SIGNIFICANT ACCOUNTING POLICIES
Accounting Policies: Expenditures reported on the Schedule are reported on the modified accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance and/or OMB Circular A-87, Cost Principles for State, Local and Indian Tribal Governments, wherein certain types of expenditures are not allowable or limited as to reimburement. Pass-through entity identifying numbers are presented where available.
De Minimis Rate Used: N
Rate Explanation: Expenditures are reported at the rate of actual cost expended. Auditee does not use de minimus cost rate and does not allocate overhead to grants. Only costs actually expended are reported.
Expenditures reported on the Schedule are reported on the modified accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance and/or OMB Circular A-87, Cost Principles for State, Local and Indian Tribal Governments, wherein certain types of expenditures are not allowable or limited as to reimburesment. Pass-through entity indentifying numbers are presented where available.
Title: NOTE C - VIOLENCE AGAINST WOMEN FORMULA GRANT
Accounting Policies: Expenditures reported on the Schedule are reported on the modified accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance and/or OMB Circular A-87, Cost Principles for State, Local and Indian Tribal Governments, wherein certain types of expenditures are not allowable or limited as to reimburement. Pass-through entity identifying numbers are presented where available.
De Minimis Rate Used: N
Rate Explanation: Expenditures are reported at the rate of actual cost expended. Auditee does not use de minimus cost rate and does not allocate overhead to grants. Only costs actually expended are reported.
In accordance with the grant agreement, the City of South Salt Lake has expended matiching contributions totaling $21,551 during the year ended June 30, 2023.
Title: NOTE D - CHILD CARE AND DEVELOPMENT BLOCK GRANT
Accounting Policies: Expenditures reported on the Schedule are reported on the modified accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance and/or OMB Circular A-87, Cost Principles for State, Local and Indian Tribal Governments, wherein certain types of expenditures are not allowable or limited as to reimburement. Pass-through entity identifying numbers are presented where available.
De Minimis Rate Used: N
Rate Explanation: Expenditures are reported at the rate of actual cost expended. Auditee does not use de minimus cost rate and does not allocate overhead to grants. Only costs actually expended are reported.
In accordance with the grant agreement, the City of South Salt Lake has expended matching contributions totaling $600,000 during the year ended June 30, 2023.