FAC Explorer

Audit 316939

FY End
2023-06-30
Total Expended
$1.02M
Findings
0
Programs
4
Organization: Town of Goldsby (OK)
Year: 2023 Accepted: 2024-08-08
Auditor: Russell & Williams CPAS PC

Organization Exclusion Status:

Findings

No findings recorded

Programs

ALN Program Spent Major Findings
20.106 Airport Improvement Program $455,615 Yes 0
21.027 Coronavirus State and Local Fiscal Recovery Funds $413,766 - 0
11.300 Investments for Public Works and Economic Development Facilities $122,841 - 0
20.205 Highway Planning and Construction $25,000 - 0

Contacts

Name Title Type
JNKMUJ229163 Sandy Jenkins Auditee
4052882100 Casey J. Russell Auditor
No contacts on file

Notes to SEFA

Title: 11. Notes to the Schedule of Expenditures of Federal Awards Accounting Policies: Basis of Accounting- The schedule of expenditures of federal awards is prepared using the modified cash basis of accounting. Revenues are recorded when received and expenditures are recorded when funds are actually spent. Direct and Indirect Costs - The Town of Goldsby does not allocate and indirect costs to its federal programs there fore the de minimis indirect cost rate election is not applicable. De Minimis Rate Used: N Rate Explanation: De Minimis indirect cost rate does not apply Basis of Accounting- The schedule of expenditures of federal awards is prepared using the modified cash basis of accounting. Revenues are recorded when received and expenditures are recorded when funds are actually spent. Direct and Indirect Costs - The Town of Goldsby does not allocate and indirect costs to its federal programs there fore the de minimis indirect cost rate election is not applicable.