Audit 311442

FY End
2023-09-30
Total Expended
$7.46M
Findings
0
Programs
12
Organization: City of Decatur, Alabama (AL)
Year: 2023 Accepted: 2024-07-01

Organization Exclusion Status:

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Findings

No findings recorded

Contacts

Name Title Type
LJKJFW6V3N33 Dawn Runager Auditee
2563414556 Darrell Wates Auditor
No contacts on file

Notes to SEFA

Title: Entity Definition Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards includes the federal grant activity of the City of Decatur under programs of the federal government for the year ended September 30, 2023 presented on the modified accrual basis of accounting. Under the modified accrual basis of accounting, expenditures are recognized when the related Fund liability is incurred. The information in this schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for federal Awards (Uniform Guidance). Since the schedule presents only a select portion of the operations of the City of Decatur, it is not intended to and does not present the financial position, changes in net position, or cash flows of the City. De Minimis Rate Used: N Rate Explanation: The City of Decatur elected not to utilize the 10% de minimis indirect cost rate allowed under the Uniform Guidance. Defines the entity whose grant activities are included in the schedule of expenditures of federal awards
Title: Summary of Significant Accounting Policies Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards includes the federal grant activity of the City of Decatur under programs of the federal government for the year ended September 30, 2023 presented on the modified accrual basis of accounting. Under the modified accrual basis of accounting, expenditures are recognized when the related Fund liability is incurred. The information in this schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for federal Awards (Uniform Guidance). Since the schedule presents only a select portion of the operations of the City of Decatur, it is not intended to and does not present the financial position, changes in net position, or cash flows of the City. De Minimis Rate Used: N Rate Explanation: The City of Decatur elected not to utilize the 10% de minimis indirect cost rate allowed under the Uniform Guidance. Details the significant accounting policies of the City as they relate to preparation and presentation of the schedule of expenditures of federal awards
Title: Payments to Subrecipients Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards includes the federal grant activity of the City of Decatur under programs of the federal government for the year ended September 30, 2023 presented on the modified accrual basis of accounting. Under the modified accrual basis of accounting, expenditures are recognized when the related Fund liability is incurred. The information in this schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for federal Awards (Uniform Guidance). Since the schedule presents only a select portion of the operations of the City of Decatur, it is not intended to and does not present the financial position, changes in net position, or cash flows of the City. De Minimis Rate Used: N Rate Explanation: The City of Decatur elected not to utilize the 10% de minimis indirect cost rate allowed under the Uniform Guidance. Details the awards which had payments to subrecipients during the year