Title: 1) Basis of Presentation
Accounting Policies: The Schedule is presented using the modified accrual basis of accounting, which is described in Note 1 to the Department’s financial statements.
De Minimis Rate Used: N
Rate Explanation: Department has elected not to use the 10 percent de minimus indirect cost rate allowed under the Uniform Guidance.
The accompanying schedule of expenditures of federal awards (the “Schedule”) presents the federal financial assistance programs of the Eastern Shawnee Tribe of Oklahoma’s (the “Tribe”) Governmental Services Department (the “Department”) for the year ended September 30, 2023. The Tribe’s Department reporting entity is defined in Note 1 to the financial statements. 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 Principals, and Audit Requirements for Federal Awards. Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of, the financial statements.
Title: 2) Summary of Significant Accounting Policies
Accounting Policies: The Schedule is presented using the modified accrual basis of accounting, which is described in Note 1 to the Department’s financial statements.
De Minimis Rate Used: N
Rate Explanation: Department has elected not to use the 10 percent de minimus indirect cost rate allowed under the Uniform Guidance.
The Schedule is presented using the modified accrual basis of accounting, which is described in Note 1 to the Department’s financial statements.
Title: 3) Subrecipients
Accounting Policies: The Schedule is presented using the modified accrual basis of accounting, which is described in Note 1 to the Department’s financial statements.
De Minimis Rate Used: N
Rate Explanation: Department has elected not to use the 10 percent de minimus indirect cost rate allowed under the Uniform Guidance.
The Department did not provide federal awards to subrecipients during the year ended September 30, 2023.
Title: 4) Federal Award Identification Numbers
Accounting Policies: The Schedule is presented using the modified accrual basis of accounting, which is described in Note 1 to the Department’s financial statements.
De Minimis Rate Used: N
Rate Explanation: Department has elected not to use the 10 percent de minimus indirect cost rate allowed under the Uniform Guidance.
The federal granting agency is responsible for providing the Department with the Assistance Listing Number (ALN) number for each grant or contract. In cases where the federal granting agency did not provide the ALN to the Department, other identifying numbers are presented on the Schedule. For pass-through awards, the pass-through granting agency is responsible for providing the Department with pass-through grantor numbers.
Title: 5) Indirect Cost Rate
Accounting Policies: The Schedule is presented using the modified accrual basis of accounting, which is described in Note 1 to the Department’s financial statements.
De Minimis Rate Used: N
Rate Explanation: Department has elected not to use the 10 percent de minimus indirect cost rate allowed under the Uniform Guidance.
The amount expended in the Schedule includes $819,265 claimed as an indirect cost recovery using an approved indirect cost rate of 20.51 percent. Since the Tribe negotiates an indirect cost rate with the federal government, the Department has elected not to use the 10 percent de minimus indirect cost rate allowed under the Uniform Guidance.
Title: 6) Reconciliation of Schedule of Expenditures of Federal Awards to the Grants and Contracts Fund Financial Statements
Accounting Policies: The Schedule is presented using the modified accrual basis of accounting, which is described in Note 1 to the Department’s financial statements.
De Minimis Rate Used: N
Rate Explanation: Department has elected not to use the 10 percent de minimus indirect cost rate allowed under the Uniform Guidance.
The following is a reconciliation of the expenditures reported on the Schedule to the grants and contracts fund expenditures reported in the statement of revenues, expenditures, and changes in fund balances – governmental funds included in the
accompanying financial statements: (See Table)