Audit 320459

Title: Basis of Presentation Accounting Policies: The Schedule of Federal Awards includes the federal award activity of City of High Springs, Florida (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 Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance De Minimis Rate Used: N Rate Explanation: The only administrative charges to these grants were based on direct billing by a third party and applied only to the CDBG grant and the SLFRF funding. No internal administrative time was included. The accompanying Schedule of Federal Awards includes the federal award activity of City of High Springs, Florida (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 Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance)

Title: Subrecipients Accounting Policies: The Schedule of Federal Awards includes the federal award activity of City of High Springs, Florida (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 Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance De Minimis Rate Used: N Rate Explanation: The only administrative charges to these grants were based on direct billing by a third party and applied only to the CDBG grant and the SLFRF funding. No internal administrative time was included. The City provided no federal awards to subrecipients during the year ended September 30, 2022