Notes to SEFA
Title: Basis of Presentation
Accounting Policies: Expenditures reported on the Schedule are reported on the modified cash basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: City of Murphysboro, Illinois has elected not to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance.
The accompanying schedule of expenditures of federal awards (the Schedule) includes federal grant activity of City of Murphysboro, Illinois under programs of the federal government for the year ended December 31, 2023. The information in this Schedule is presented in accordance with Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of, the general purpose financial statements.
Title: Subrecipients
Accounting Policies: Expenditures reported on the Schedule are reported on the modified cash basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: City of Murphysboro, Illinois has elected not to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance.
As required by Uniform Guidance section 310(b)(5) City of Murphysboro, Illinois did not provide any amount of federal funds to subrecipients during fiscal year ended December 31, 2023.
Title: Non-cash Assistance, Insurance or Loans
Accounting Policies: Expenditures reported on the Schedule are reported on the modified cash basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: City of Murphysboro, Illinois has elected not to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance.
As required by the Uniform Guidance section 310(b)(6), City of Murphysboro, Illinois did not receive or administer any insurance or receive non-cash assistance for the fiscal year ending December 31, 2023.
The City has the following loan balance outstanding as of December 31, 2023:
Program Title Federal CFDA Number Amount Outstanding
Capitalization Grants for
Drinking Water State
Revolving Fund 66.468 $ 500,000
Capitalization Grants for
Clean Water State
Revolving Fund 66.458 $ 10,047,085
Capitalization Grants for
Drinking Water State
Revolving Fund 66.468 $ 866,806