Title: General
Accounting Policies: Basis of Accounting and Indirect Cost Rate
Expenditures reported in the accompanying SEFA are presented using the modified-accrual and accrual basis of accounting, which are described in Note 1 to the City and Borough’s basic financial statements. Such expenditures are recognized following, as applicable, either the cost principles in OMB Circular A-87 , Cost Principles for State, Local and Tribal Governments, or the cost principles contained in Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards, wherein certain types of expenditures are not allowable or are limited as to reimbursement. Negative amounts shown on the SEFA represent adjustments or credits made in the normal course of business to amounts reported as expenditures in the prior year.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
General
The accompanying schedule of expenditures of federal awards (SEFA) presents the activity of all federal financial assistance programs of the City and Borough of Juneau, Alaska (City and Borough). The information in the SEFA 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). Federal awards received directly from federal agencies, as well as federal financial assistance passed through the State of Alaska and other agencies, are included in the SEFA. The City and Borough's reporting entity is defined in Note 1 to the City and Borough’s basic financial statements.
Title: Basis of Accounting and Indirect Cost Rate
Accounting Policies: Basis of Accounting and Indirect Cost Rate
Expenditures reported in the accompanying SEFA are presented using the modified-accrual and accrual basis of accounting, which are described in Note 1 to the City and Borough’s basic financial statements. Such expenditures are recognized following, as applicable, either the cost principles in OMB Circular A-87 , Cost Principles for State, Local and Tribal Governments, or the cost principles contained in Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards, wherein certain types of expenditures are not allowable or are limited as to reimbursement. Negative amounts shown on the SEFA represent adjustments or credits made in the normal course of business to amounts reported as expenditures in the prior year.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
Basis of Accounting and Indirect Cost Rate
Expenditures reported in the accompanying SEFA are presented using the modified-accrual and accrual basis of accounting, which are described in Note 1 to the City and Borough’s basic financial statements. Such expenditures are recognized following, as applicable, either the cost principles in OMB Circular A-87 , Cost Principles for State, Local and Tribal Governments, or the cost principles contained in Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards, wherein certain types of expenditures are not allowable or are limited as to reimbursement. Negative amounts shown on the SEFA represent adjustments or credits made in the normal course of business to amounts reported as expenditures in the prior year.
The following programs may report expenditures on the SEFA using reporting criteria, established by the grantor for the program, which may include prior period expenditures or another basis of satisfying grant reporting requirements:
ALN 97.036 – FEMA Disaster Grants – Public Assistance
Per 2 CFR Part 200 Appendix IX, non-federal entities must record expenditures on the SEFA when: (1) FEMA has approved the project, and (2) the eligible expenditures are incurred. Federal awards expended in years subsequent to the fiscal year in which the project worksheet is approved are to be recorded on the SEFA in those subsequent years. Projects reported on the SEFA include expenses incurred from 4/09/20 – 11/21/22.
ALN 93.498 Provider Relief Fund (PRF)
SEFA reporting amounts for this program (including both expenditures and lost revenue) are based upon the PRF report that is required to be submitted to the HRSA reporting portal. Submissions included on the SEFA are for the 36 months ended December 31, 2022.
ALN 66.458 and 66.468 EPA Clean Water and Drinking Water Revolving Funds
Under this program the City and Borough’s only reports project expenditures when expenditures have been incurred and reimbursement requested from the awarding agency, because it is considered a subaward, not a direct federal loan. This may result in prior period expenditures being reported on the SEFA. The loan reporting requirements of 2 CFR sections 200.502(b) or (d) do not apply when calculating the amount of federal funds expended. There were no reimbursement requests in fiscal year 2023.
The City and Borough has elected not to use the 10-percent de minimis indirect cost rate as allowed under the Uniform Guidance.
Title: Relationship to Basic Financial Statements
Accounting Policies: Basis of Accounting and Indirect Cost Rate
Expenditures reported in the accompanying SEFA are presented using the modified-accrual and accrual basis of accounting, which are described in Note 1 to the City and Borough’s basic financial statements. Such expenditures are recognized following, as applicable, either the cost principles in OMB Circular A-87 , Cost Principles for State, Local and Tribal Governments, or the cost principles contained in Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards, wherein certain types of expenditures are not allowable or are limited as to reimbursement. Negative amounts shown on the SEFA represent adjustments or credits made in the normal course of business to amounts reported as expenditures in the prior year.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
Relationship to Basic Financial Statements
The following is a reconciliation of federal revenues reported in the City and Borough’s basic financial statements to federal expenditures reported in the schedule of expenditures of federal awards:
Federal revenues as reported in the basic financial statements:
Statement of Revenues, Expenditures, and Changes in Fund Balances - Governmental Funds $ 11,967,779
Statement of Revenues, Expenses, and Changes in Net Position - Proprietary Funds 6,081,769
Plus:
Amounts reported as federal expenditures in the schedule of expenditures of federal awards, but not reported as federal revenue in the basic financial statements:
Bartlett Regional Hospital Federal Grants 4,992,847
Federal grants passed through the State of Alaska 3,452,802
Federal grant and loan sources reported as capital contributions in Juneau International Airport, Boat Harbors, and Dock enterprise funds 5,840,811
Less:
Amounts reported as federal revenue in the basic financial statements but not included in the schedule of expenditures of federal awards:
Harbors Pacific Cod Catch Allocation (10,960)
Payments in Lieu of Taxes and National Forrest Receipts (3,387,931)
Airport ARPA and ACRGP adjustment (647,780)
Juneau International Airport Transportation Security (621,025)
Total federal expenditures per schedule of expenditures of federal awards $ 27,668,312
Title: Donated Federal Assistance Not Included in the SEFA (Unaudited)
Accounting Policies: Basis of Accounting and Indirect Cost Rate
Expenditures reported in the accompanying SEFA are presented using the modified-accrual and accrual basis of accounting, which are described in Note 1 to the City and Borough’s basic financial statements. Such expenditures are recognized following, as applicable, either the cost principles in OMB Circular A-87 , Cost Principles for State, Local and Tribal Governments, or the cost principles contained in Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards, wherein certain types of expenditures are not allowable or are limited as to reimbursement. Negative amounts shown on the SEFA represent adjustments or credits made in the normal course of business to amounts reported as expenditures in the prior year.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
Donated Federal Assistance Not Included in the SEFA (Unaudited)
None to report.