Notes to SEFA
Title: Note 3 - Program Costs
Accounting Policies: Note 1 - Basis of Accounting: This schedule is prepared on the same basis of accounting as the City's financial statements. The City uses the cash basis of accounting.
De Minimis Rate Used: N
Rate Explanation: Note 2 - Federal De Minimus Indirect Cost Rate: The City has not elected to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance.
The amounts shown as current year expenditures represent only the federal grant portion of the program costs. Entire program costs, including the City's portion, are more than shown. Such expenditures are recognized following, as applicable, 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.
Title: Note 4 - Federal Aviation Administration Grants
Accounting Policies: Note 1 - Basis of Accounting: This schedule is prepared on the same basis of accounting as the City's financial statements. The City uses the cash basis of accounting.
De Minimis Rate Used: N
Rate Explanation: Note 2 - Federal De Minimus Indirect Cost Rate: The City has not elected to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance.
The City is the primary recipient of all Federal Aviation Administration Grants (CFDA 20.106) for its sub recipient the Pullman-Moscow Regional Airport. As the primary recipient, the City monitors the acitivities of the sub recipient in accordance with Title 2, U.S. Code of Federal Regulations Part 200, Uniform Administration Requirements. There are compliance requirements and specific grant terms are tested at the sub recipient level and, as such, are not included in the single audit reports of the City.