Title: Basis of Presentation
Accounting Policies: Basis of Presentation, Basis of Accounting, Allocation of Indirect Cost Rate, Subrecipients, Loans Outstanding
De Minimis Rate Used: N
Rate Explanation: City does not elect to use the 10% unless specified by the grant award document.
The accompanying Schedule of Expenditures of Federal Awards (the Schedule) includes the federal award activity of the City of Dothan, Alabama (the City) under programs of the federal government for the year ended September 30, 2023. 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).
Title: Basis of Accounting
Accounting Policies: Basis of Presentation, Basis of Accounting, Allocation of Indirect Cost Rate, Subrecipients, Loans Outstanding
De Minimis Rate Used: N
Rate Explanation: City does not elect to use the 10% unless specified by the grant award document.
Expenditures reported on the schedules are presented on the modified accrual basis of accounting for the governmental funds and the accrual basis of accounting for the proprietary funds, which is described in Note I. to the City's financial statements. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, as applicable, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
Title: Allocation of Indirect Cost Rate
Accounting Policies: Basis of Presentation, Basis of Accounting, Allocation of Indirect Cost Rate, Subrecipients, Loans Outstanding
De Minimis Rate Used: N
Rate Explanation: City does not elect to use the 10% unless specified by the grant award document.
The City does not elect to use the 10% de minimis indirect cost rate unless specifically approved in a grant award document.
Title: Subrecipients
Accounting Policies: Basis of Presentation, Basis of Accounting, Allocation of Indirect Cost Rate, Subrecipients, Loans Outstanding
De Minimis Rate Used: N
Rate Explanation: City does not elect to use the 10% unless specified by the grant award document.
Federal and state awards provided to subrecipients are treated as expenditures when the City is notified by the subrecipient of the expenditure. Amounts reported in the schedules may not agree with the amounts reported in the related financial reports filed with grantor agencies because of accruals, which would be included in the next report filed with the agencies. Negative amounts, when present on the schedule, represent adjustments or credits made in the normal course of business to amounts reported as expenditures in prior years.
Title: Loans Outstanding
Accounting Policies: Basis of Presentation, Basis of Accounting, Allocation of Indirect Cost Rate, Subrecipients, Loans Outstanding
De Minimis Rate Used: N
Rate Explanation: City does not elect to use the 10% unless specified by the grant award document.
The City had the following direct federal loan balance outstanding at September 30, 2023, that was reported as a federal award in the schedule of expenditures of federal awards.