Title: BASIS OF ACCOUNTING
Accounting Policies: SEE DETAIL
De Minimis Rate Used: N
Rate Explanation: City of Kirbyville has not elected to use the 10% de minimis indirect cost rate as allowed under Uniform Guidance.
The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal award activity of the
Title: GAS STANDARDS
Accounting Policies: SEE DETAIL
De Minimis Rate Used: N
Rate Explanation: City of Kirbyville has not elected to use the 10% de minimis indirect cost rate as allowed under Uniform Guidance.
For all federal programs, the City uses the fund types specified in Governmental Accounting Standards.
Title: ACCOUNTING TREATMENT
Accounting Policies: SEE DETAIL
De Minimis Rate Used: N
Rate Explanation: City of Kirbyville has not elected to use the 10% de minimis indirect cost rate as allowed under Uniform Guidance.
The accounting and financial reporting treatment applied to a fund is determined by its measurement focus. The
Title: MODIFIED ACCRUAL BASIS
Accounting Policies: SEE DETAIL
De Minimis Rate Used: N
Rate Explanation: City of Kirbyville has not elected to use the 10% de minimis indirect cost rate as allowed under Uniform Guidance.
The modified accrual basis of accounting is used for the governmental fund types, and agency funds. The basis of
Title: FUNDS EARNED
Accounting Policies: SEE DETAIL
De Minimis Rate Used: N
Rate Explanation: City of Kirbyville has not elected to use the 10% de minimis indirect cost rate as allowed under Uniform Guidance.
Federal grant funds are considered to be earned to the extent of expenditures made under the provisions of the grant,
Title: PERIOD OF AVAILABILITY
Accounting Policies: SEE DETAIL
De Minimis Rate Used: N
Rate Explanation: City of Kirbyville has not elected to use the 10% de minimis indirect cost rate as allowed under Uniform Guidance.
The period of availability for federal grant funds for the purpose of liquidation of outstanding obligations made on or
Title: PERIOD OF AVAILABILITY
Accounting Policies: SEE DETAIL
De Minimis Rate Used: N
Rate Explanation: City of Kirbyville has not elected to use the 10% de minimis indirect cost rate as allowed under Uniform Guidance.
before the ending date of the federal project period extended 30 days beyond the federal project period ending date,
Title: PERIOD OF AVAILABILITY
Accounting Policies: SEE DETAIL
De Minimis Rate Used: N
Rate Explanation: City of Kirbyville has not elected to use the 10% de minimis indirect cost rate as allowed under Uniform Guidance.
in accordance with provisions in Section H, Period of Availability of Federal Funds, Part 3 Uniform Guidance Compliance
Title: PERIOD OF AVAILABILITY
Accounting Policies: SEE DETAIL
De Minimis Rate Used: N
Rate Explanation: City of Kirbyville has not elected to use the 10% de minimis indirect cost rate as allowed under Uniform Guidance.
Statement - Provisional 6/97.