Title: General
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 for all awards. Under these principles, certain types of expenditures are not allowable or are limited as to reimbursement. Negative amounts shown on the Schedule represent adjustments or credits made in the normal course of business to amounts reported as expenditures in prior years. .
De Minimis Rate Used: N
Rate Explanation: The City of Glendale, Arizona did not elect to use the 10 percent de minimis indirect cost rate as covered in 2 CFR 200.414.
The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal award activity of City of Glendale (City) under programs of the fedreal government for the year ended June 30, 2023. The information in the Schedule is presented in accordance with the requirements of 2 CFR Part 200, Uniform Administrative Requirements, Cost Principals, and Audit Requirements for Federal Awards ( Uniform Guidance). Because the Schedule presents only a selected portion of the operations on 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: Basis of Accounting
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 for all awards. Under these principles, certain types of expenditures are not allowable or are limited as to reimbursement. Negative amounts shown on the Schedule represent adjustments or credits made in the normal course of business to amounts reported as expenditures in prior years. .
De Minimis Rate Used: N
Rate Explanation: The City of Glendale, Arizona did not elect to use the 10 percent de minimis indirect cost rate as covered in 2 CFR 200.414.
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 for all awards. Under these principles, certain types of expenditures are not allowable or are limited as to reimbursement. Negative amounts shown on the Schedule represent adjustments or credits made in the normal course of business to amounts reported as expenditures in prior years. .
Title: Indirect Cost Rate
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 for all awards. Under these principles, certain types of expenditures are not allowable or are limited as to reimbursement. Negative amounts shown on the Schedule represent adjustments or credits made in the normal course of business to amounts reported as expenditures in prior years. .
De Minimis Rate Used: N
Rate Explanation: The City of Glendale, Arizona did not elect to use the 10 percent de minimis indirect cost rate as covered in 2 CFR 200.414.
The City of Glendale, Arizona did not elect to use the 10 percent de minimis indirect cost rate as covered in 2 CFR 200.414.
Title: RECONCILIATION OF SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS TO STATEMENT REVENUES, EXPENDITURES AND CHANGES IN FUND BALANCES (GOVERNMENTAL FUNDS) AND STATEMENT OF REVENUES, EXPENSES AND CHANGES IN NET POSITION (PROPRIETARY FUNDS)
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 for all awards. Under these principles, certain types of expenditures are not allowable or are limited as to reimbursement. Negative amounts shown on the Schedule represent adjustments or credits made in the normal course of business to amounts reported as expenditures in prior years. .
De Minimis Rate Used: N
Rate Explanation: The City of Glendale, Arizona did not elect to use the 10 percent de minimis indirect cost rate as covered in 2 CFR 200.414.
(Amounts expressed in thousands)
Intergovernmental Revenues:
from General Fund $ 100,802
from Transportation Special Revenue Fund 3,620
from Other Special Revenue Fund 4,624
from Municipal Property Corporation Debt Service Fund 4,974
from Nonmajor Governmental Funds 45,372
Total from Governmental Funds $ 159,392
from Housing Fund - Operating revenues and Capital Grants 13,941
Total from Proprietary Funds 13,941
Total Intergovernmental Revenues 173,333
Less Non-Federal Revenue from General Fund:
State and local intergovernmental revenues (100,802) (100,802)
Less Non-Federal Revenue from Transportation Fund:
State ALF revenue (628)
Other state and local intergovernmental revenues (976) (1,604)
Less Non-Federal Revenue from Municipal Property Corporation Debt Service Fund:
Other intergovernmental revenues (4,974) (4,974)
Less Non-Federal Revenue from Other Special Revenue Funds:
State and HURF revenues in Highway Users Gas Tax Fund (18,626)
State and local grants in Other Special Revenue Funds (3,340) (21,966)
Plus (Less) Immaterial Timing Differences:
Federal revenues in Nonmajor Governmental Funds not recorded in the current (45)
Expenditures of Program Income Earned 159 114
Total Adjustments (129,232)
Schedule of Expenditures of Federal Awards, Total Federal Financial Assistance $ 44,101