Title: Purpose of the Schedule
Accounting Policies: Basis of Accounting, CFDA Numbers, Subrecipients, Non-Cash Assistance, Major Programs, Indirect Cost Rate (see Form tab for details)
De Minimis Rate Used: N
Rate Explanation: The City did not charge any indirect costs
The Schedule of Expenditures of the Federal Awards is a supplementary schedule to the financialstatements. The Schedule is required by the 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 City, it is not intended to and does not present the financial position, changes in the financial position, or cash flows of the City.
Title: Basis of Accounting
Accounting Policies: Basis of Accounting, CFDA Numbers, Subrecipients, Non-Cash Assistance, Major Programs, Indirect Cost Rate (see Form tab for details)
De Minimis Rate Used: N
Rate Explanation: The City did not charge any indirect costs
The information in the schedule is presented in accordance with the Uniform Guidance. The schedule is prepared using the same accounting policies and basis of accounting as the financial statements. 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.
Title: CFD Numbers
Accounting Policies: Basis of Accounting, CFDA Numbers, Subrecipients, Non-Cash Assistance, Major Programs, Indirect Cost Rate (see Form tab for details)
De Minimis Rate Used: N
Rate Explanation: The City did not charge any indirect costs
Uniform Guidance requires the schedule to show the total expenditures for each of the entity’s federal financial assistance programs as identified in the Catalog of Federal Domestic Assistance (CFDA). The CFDA is a government-wide compendium of individual federal programs. Each program included in the CFDA is assigned a five-digit program identification number (CFDA number).
Title: Subrecipients
Accounting Policies: Basis of Accounting, CFDA Numbers, Subrecipients, Non-Cash Assistance, Major Programs, Indirect Cost Rate (see Form tab for details)
De Minimis Rate Used: N
Rate Explanation: The City did not charge any indirect costs
The City provided no federal awards to subrecipients.
Title: Non-Cash Assistance
Accounting Policies: Basis of Accounting, CFDA Numbers, Subrecipients, Non-Cash Assistance, Major Programs, Indirect Cost Rate (see Form tab for details)
De Minimis Rate Used: N
Rate Explanation: The City did not charge any indirect costs
The City provided no non-cash assistance.
Title: Major Programs
Accounting Policies: Basis of Accounting, CFDA Numbers, Subrecipients, Non-Cash Assistance, Major Programs, Indirect Cost Rate (see Form tab for details)
De Minimis Rate Used: N
Rate Explanation: The City did not charge any indirect costs
Uniform Guidance establishes the levels of expenditures or expenses and other criteria to be used in defining major federal financial assistance. The federal awards tested as major programs were those with a CFDA number of 21.027.
Title: Indirect Cost Rate
Accounting Policies: Basis of Accounting, CFDA Numbers, Subrecipients, Non-Cash Assistance, Major Programs, Indirect Cost Rate (see Form tab for details)
De Minimis Rate Used: N
Rate Explanation: The City did not charge any indirect costs
The city did not charge any indirect costs to federal grants