Title: Basis of Presentation
Accounting Policies: The accompanying schedule of expenditures of federal awards includes the federal grant activity of City of Unadilla, Georgia (the City), and is presented on the accrual basis of accounting.
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. Therefore, some amounts presented in the schedule may differ from amounts presented in or used in the preparation of the financial statements.
De Minimis Rate Used: N
Rate Explanation: The City chose not to use the 10% de minimis cost rate for the year ended September 30, 2022.
The accompanying schedule of expenditures of federal awards includes the federal grant activity of City of Unadilla, Georgia (the City), and is presented on the accrual basis of accounting.
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. Therefore, some amounts presented in the schedule may differ from amounts presented in or used in the preparation of the financial statements.
Title: De Minimis Indirect Cost Rate
Accounting Policies: The accompanying schedule of expenditures of federal awards includes the federal grant activity of City of Unadilla, Georgia (the City), and is presented on the accrual basis of accounting.
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. Therefore, some amounts presented in the schedule may differ from amounts presented in or used in the preparation of the financial statements.
De Minimis Rate Used: N
Rate Explanation: The City chose not to use the 10% de minimis cost rate for the year ended September 30, 2022.
The City chose not to use the 10% de minimis cost rate for the year ended September 30, 2022.
Title: Federal Loans
Accounting Policies: The accompanying schedule of expenditures of federal awards includes the federal grant activity of City of Unadilla, Georgia (the City), and is presented on the accrual basis of accounting.
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. Therefore, some amounts presented in the schedule may differ from amounts presented in or used in the preparation of the financial statements.
De Minimis Rate Used: N
Rate Explanation: The City chose not to use the 10% de minimis cost rate for the year ended September 30, 2022.
The City expended $1,961,169 in federal awards during the year ended September 30, 2022. The outstanding balance of the federal loan as of September 30, 2022 was $9,382,624.
Title: Non-Cash Awards
Accounting Policies: The accompanying schedule of expenditures of federal awards includes the federal grant activity of City of Unadilla, Georgia (the City), and is presented on the accrual basis of accounting.
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. Therefore, some amounts presented in the schedule may differ from amounts presented in or used in the preparation of the financial statements.
De Minimis Rate Used: N
Rate Explanation: The City chose not to use the 10% de minimis cost rate for the year ended September 30, 2022.
The City did not receive non-cash federal awards during the year ended September 30, 2022.
Title: Subrecipients
Accounting Policies: The accompanying schedule of expenditures of federal awards includes the federal grant activity of City of Unadilla, Georgia (the City), and is presented on the accrual basis of accounting.
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. Therefore, some amounts presented in the schedule may differ from amounts presented in or used in the preparation of the financial statements.
De Minimis Rate Used: N
Rate Explanation: The City chose not to use the 10% de minimis cost rate for the year ended September 30, 2022.
The City did not pass through any funds to subrecipients during the year ended September 30, 2022.