Title: 2. REPORTING ENTITY
Accounting Policies: The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal
grant, contracts and similar agreements entered into directly between Central Alabama Regional
Planning and Development Commission (the Commission) and agencies and departments of the
federal government and all sub-awards to the Commission by nonfederal organizations pursuant to
federal grants, contracts and similar agreements. 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 (the
Uniform Guidance). Therefore, some amounts presented in the Schedule may differ from amounts
presented in, or used in the preparation of, the basic financial statements. Expenditures in 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. If the Commission is required to
match certain federal assistance, as defined by the grant agreements, no such matching has been
included as expenditures in the Schedule. Because the Schedule presents only a selected portion
of the operations of the Commission, it is not intended to and does not present the financial
position, changes in fund balance, or cash flows of the Commission.
De Minimis Rate Used: N
Rate Explanation: The Commission did not elect to charge a de minimis rate of 10% for all federal awards.
The Commission’s reporting entity is fully described in Note 1 to the financial statements.
Title: 3. SUBRECIPIENTS
Accounting Policies: The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal
grant, contracts and similar agreements entered into directly between Central Alabama Regional
Planning and Development Commission (the Commission) and agencies and departments of the
federal government and all sub-awards to the Commission by nonfederal organizations pursuant to
federal grants, contracts and similar agreements. 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 (the
Uniform Guidance). Therefore, some amounts presented in the Schedule may differ from amounts
presented in, or used in the preparation of, the basic financial statements. Expenditures in 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. If the Commission is required to
match certain federal assistance, as defined by the grant agreements, no such matching has been
included as expenditures in the Schedule. Because the Schedule presents only a selected portion
of the operations of the Commission, it is not intended to and does not present the financial
position, changes in fund balance, or cash flows of the Commission.
De Minimis Rate Used: N
Rate Explanation: The Commission did not elect to charge a de minimis rate of 10% for all federal awards.
The Commission did not provide federal awards to any subrecipients during the year ended
September 30, 2022.
Title: 4. PROGRAM INCOME
Accounting Policies: The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal
grant, contracts and similar agreements entered into directly between Central Alabama Regional
Planning and Development Commission (the Commission) and agencies and departments of the
federal government and all sub-awards to the Commission by nonfederal organizations pursuant to
federal grants, contracts and similar agreements. 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 (the
Uniform Guidance). Therefore, some amounts presented in the Schedule may differ from amounts
presented in, or used in the preparation of, the basic financial statements. Expenditures in 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. If the Commission is required to
match certain federal assistance, as defined by the grant agreements, no such matching has been
included as expenditures in the Schedule. Because the Schedule presents only a selected portion
of the operations of the Commission, it is not intended to and does not present the financial
position, changes in fund balance, or cash flows of the Commission.
De Minimis Rate Used: N
Rate Explanation: The Commission did not elect to charge a de minimis rate of 10% for all federal awards.
The Commission did not have program income during the year ended September 30, 2022.