Title: NOTE 1 - BASIS OF PRESENTATION
Accounting Policies: Revenues are recorded when earned. Such funds are generally considered to be earned to the extent of
expenditures made in accordance with provisions of the grant agreements. Funds received but not earned
are recorded as deferred revenues until earned, and expenses made for costs not yet reimbursed are
recorded as grants receivable.
Expenditures reported on the Schedule are reported on the accrual 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. Negative amounts shown on the
Schedule represent adjustments or credits made in the normal course of business to amounts reported as
expenditures in prior years. The Organization has elected not to use the 10-percent de minimus indirect
cost rate as allowed under the Uniform Guidance.
De Minimis Rate Used: N
Rate Explanation: The Organization has elected not to use the 10-percent de minimus indirect
cost rate as allowed under the Uniform Guidance.
The accompanying schedule of expenditures of federal awards (the “Schedule”) includes the federal award
activity of Workforce Solutions Greater Dallas (the Organization) under programs of the federal government
for the year ended December 31, 2023. The information in this Schedule is presented in accordance with
the requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative
Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Because
the Schedule presents only a selected portion of the operations of the Organization, it is not intended to
and does not present the financial position, changes in net assets, or cash flows of the Organization. The
Organization’s accounting policies and procedures are defined in Note 1 to the financial statements.
Primarily, all federal awards are passed through from other government agencies and have been included
in the Schedule.
Title: NOTE 2 - BASIS OF ACCOUNTING AND COST PRINCIPALS BEING FOLLOWED
Accounting Policies: Revenues are recorded when earned. Such funds are generally considered to be earned to the extent of
expenditures made in accordance with provisions of the grant agreements. Funds received but not earned
are recorded as deferred revenues until earned, and expenses made for costs not yet reimbursed are
recorded as grants receivable.
Expenditures reported on the Schedule are reported on the accrual 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. Negative amounts shown on the
Schedule represent adjustments or credits made in the normal course of business to amounts reported as
expenditures in prior years. The Organization has elected not to use the 10-percent de minimus indirect
cost rate as allowed under the Uniform Guidance.
De Minimis Rate Used: N
Rate Explanation: The Organization has elected not to use the 10-percent de minimus indirect
cost rate as allowed under the Uniform Guidance.
Revenues are recorded when earned. Such funds are generally considered to be earned to the extent of
expenditures made in accordance with provisions of the grant agreements. Funds received but not earned
are recorded as deferred revenues until earned, and expenses made for costs not yet reimbursed are
recorded as grants receivable.
Expenditures reported on the Schedule are reported on the accrual 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. Negative amounts shown on the
Schedule represent adjustments or credits made in the normal course of business to amounts reported as
expenditures in prior years. The Organization has elected not to use the 10-percent de minimus indirect
cost rate as allowed under the Uniform Guidance.
Title: NOTE 3 - RELATIONSHIP TO FEDERAL FINANCIAL REPORTS
Accounting Policies: Revenues are recorded when earned. Such funds are generally considered to be earned to the extent of
expenditures made in accordance with provisions of the grant agreements. Funds received but not earned
are recorded as deferred revenues until earned, and expenses made for costs not yet reimbursed are
recorded as grants receivable.
Expenditures reported on the Schedule are reported on the accrual 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. Negative amounts shown on the
Schedule represent adjustments or credits made in the normal course of business to amounts reported as
expenditures in prior years. The Organization has elected not to use the 10-percent de minimus indirect
cost rate as allowed under the Uniform Guidance.
De Minimis Rate Used: N
Rate Explanation: The Organization has elected not to use the 10-percent de minimus indirect
cost rate as allowed under the Uniform Guidance.
Grant expenditure reports as of December 31, 2023, which have been submitted to grantor agencies, will,
in some cases, differ from amounts disclosed herein. The annual report was prepared at a later date and
often reflects refined estimates of the year-end accruals. The reports will agree at termination of the grant
as the discrepancies noted are timing differences.
Title: NOTE 4 - RELATIONSHIP TO FINANCIAL STATEMENTS
Accounting Policies: Revenues are recorded when earned. Such funds are generally considered to be earned to the extent of
expenditures made in accordance with provisions of the grant agreements. Funds received but not earned
are recorded as deferred revenues until earned, and expenses made for costs not yet reimbursed are
recorded as grants receivable.
Expenditures reported on the Schedule are reported on the accrual 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. Negative amounts shown on the
Schedule represent adjustments or credits made in the normal course of business to amounts reported as
expenditures in prior years. The Organization has elected not to use the 10-percent de minimus indirect
cost rate as allowed under the Uniform Guidance.
De Minimis Rate Used: N
Rate Explanation: The Organization has elected not to use the 10-percent de minimus indirect
cost rate as allowed under the Uniform Guidance.
Federal award revenue from grants and contracts is reconciled to the Organization’s financial statements
as follows:
Federal awards revenue $ 173,053,562
State awards revenue 9,587,174
Nonfederal/nonstate awards
revenue/miscellaneous 3,723,985
Income from investments:
Dividends and interest 8,244
Total revenues and other support per financial
statements $ 186,372,965 Federal award expenses are reconciled to the Organization’s financial statements as follows:
Expenditures of federal awards $ 173,053,562
Expenditures of state awards 9,587,174
Nonfederal/nonstate awards expense/
miscellaneous 3,743,973
Depreciation expense 54,564
Total expenses per financial statements $ 186,439,273
Title: NOTE 5 - SUBRECIPIENTS
Accounting Policies: Revenues are recorded when earned. Such funds are generally considered to be earned to the extent of
expenditures made in accordance with provisions of the grant agreements. Funds received but not earned
are recorded as deferred revenues until earned, and expenses made for costs not yet reimbursed are
recorded as grants receivable.
Expenditures reported on the Schedule are reported on the accrual 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. Negative amounts shown on the
Schedule represent adjustments or credits made in the normal course of business to amounts reported as
expenditures in prior years. The Organization has elected not to use the 10-percent de minimus indirect
cost rate as allowed under the Uniform Guidance.
De Minimis Rate Used: N
Rate Explanation: The Organization has elected not to use the 10-percent de minimus indirect
cost rate as allowed under the Uniform Guidance.
Of the federal expenditures presented in the Schedule, the Organization provided federal awards to
subrecipients totaling $164,536,215.
Federal awards to subrecipients by program:
Child Care and Development Fund $ 125,418,805
Workforce Innovation and Opportunity Act Cluster 17,121,203
Child Care Local Match 8,920,354
Adult Education and Literacy 5,866,333
Temporary Assistance for Needy Families 5,037,570
Wagner-Peyser Employment Services 720,325
Supplemental Nutrition Assistance Program 704,198
Reemployment Services and Eligibility Assessment 671,438
Trade Adjustment Assistance 73,168
Workforce Commission Initiatives 2,821
Total $ 164,536,215