Title: Basis of Presentation
Accounting Policies: Title 2 U.S. Code of Federal Regulations
De Minimis Rate Used: N
Rate Explanation: The City has not elected to use the 10 percent de minimis cost rate allowed under the Uniform
The accompanying Schedule of Expenditures of Federal Awards (Schedule) includes the Federal award
Title: Basis of Presentation
Accounting Policies: Title 2 U.S. Code of Federal Regulations
De Minimis Rate Used: N
Rate Explanation: The City has not elected to use the 10 percent de minimis cost rate allowed under the Uniform
activity of the City of Riviera Beach, Florida (the City) under programs of the Federal government
Title: Basis of Presentation
Accounting Policies: Title 2 U.S. Code of Federal Regulations
De Minimis Rate Used: N
Rate Explanation: The City has not elected to use the 10 percent de minimis cost rate allowed under the Uniform
for the fiscal year ended September 30, 2021. The information in this Schedule is presented in
Title: Basis of Presentation
Accounting Policies: Title 2 U.S. Code of Federal Regulations
De Minimis Rate Used: N
Rate Explanation: The City has not elected to use the 10 percent de minimis cost rate allowed under the Uniform
accordance with the requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform
Title: Basis of Presentation
Accounting Policies: Title 2 U.S. Code of Federal Regulations
De Minimis Rate Used: N
Rate Explanation: The City has not elected to use the 10 percent de minimis cost rate allowed under the Uniform
Administrative Requirements, Cost Principles, and Audit Requirements of Federal Awards (Uniform
Title: Basis of Presentation
Accounting Policies: Title 2 U.S. Code of Federal Regulations
De Minimis Rate Used: N
Rate Explanation: The City has not elected to use the 10 percent de minimis cost rate allowed under the Uniform
Guidance). Because the Schedule presents only a selected portion of the operations of the City, it
Title: Basis of Presentation
Accounting Policies: Title 2 U.S. Code of Federal Regulations
De Minimis Rate Used: N
Rate Explanation: The City has not elected to use the 10 percent de minimis cost rate allowed under the Uniform
is not intended to and
Title: Basis of Presentation
Accounting Policies: Title 2 U.S. Code of Federal Regulations
De Minimis Rate Used: N
Rate Explanation: The City has not elected to use the 10 percent de minimis cost rate allowed under the Uniform
does not present the financial position, changes in net position, or cashflows of the City.
Title: Summary of Significant Accounting Policies
Accounting Policies: Title 2 U.S. Code of Federal Regulations
De Minimis Rate Used: N
Rate Explanation: The City has not elected to use the 10 percent de minimis cost rate allowed under the Uniform
Expenditures reported on the Schedule are reported on the modified accrual basis of accounting.
Title: Summary of Significant Accounting Policies
Accounting Policies: Title 2 U.S. Code of Federal Regulations
De Minimis Rate Used: N
Rate Explanation: The City has not elected to use the 10 percent de minimis cost rate allowed under the Uniform
Such expenditures are recognized following the cost principles contained in the Uniform Guidance,
Title: Summary of Significant Accounting Policies
Accounting Policies: Title 2 U.S. Code of Federal Regulations
De Minimis Rate Used: N
Rate Explanation: The City has not elected to use the 10 percent de minimis cost rate allowed under the Uniform
wherein certain types of expenditures are not
Title: Summary of Significant Accounting Policies
Accounting Policies: Title 2 U.S. Code of Federal Regulations
De Minimis Rate Used: N
Rate Explanation: The City has not elected to use the 10 percent de minimis cost rate allowed under the Uniform
allowable or are limited as to reimbursement.
Title: Indirect Cost Rate
Accounting Policies: Title 2 U.S. Code of Federal Regulations
De Minimis Rate Used: N
Rate Explanation: The City has not elected to use the 10 percent de minimis cost rate allowed under the Uniform
The City has not elected to use the 10 percent de minimis cost rate allowed under the Uniform
Title: Indirect Cost Rate
Accounting Policies: Title 2 U.S. Code of Federal Regulations
De Minimis Rate Used: N
Rate Explanation: The City has not elected to use the 10 percent de minimis cost rate allowed under the Uniform
Guidance.
Title: Contingency
Accounting Policies: Title 2 U.S. Code of Federal Regulations
De Minimis Rate Used: N
Rate Explanation: The City has not elected to use the 10 percent de minimis cost rate allowed under the Uniform
The grant revenue amounts received are subject to audit and adjustment. If any expenditures are
Title: Contingency
Accounting Policies: Title 2 U.S. Code of Federal Regulations
De Minimis Rate Used: N
Rate Explanation: The City has not elected to use the 10 percent de minimis cost rate allowed under the Uniform
disallowed by a grantor agency as a result of such an audit, any claim for reimbursement to the
Title: Contingency
Accounting Policies: Title 2 U.S. Code of Federal Regulations
De Minimis Rate Used: N
Rate Explanation: The City has not elected to use the 10 percent de minimis cost rate allowed under the Uniform
grantor agencies would become a liability of the City. In the opinion of management, all grant
Title: Contingency
Accounting Policies: Title 2 U.S. Code of Federal Regulations
De Minimis Rate Used: N
Rate Explanation: The City has not elected to use the 10 percent de minimis cost rate allowed under the Uniform
expenditures are in compliance with the terms of the grant agreements and
Title: Contingency
Accounting Policies: Title 2 U.S. Code of Federal Regulations
De Minimis Rate Used: N
Rate Explanation: The City has not elected to use the 10 percent de minimis cost rate allowed under the Uniform
applicable federal and state laws and regulations.