Title: NOTE 1 – REPORTING ENTITY
Accounting Policies: NOTE 1 – REPORTING ENTITY
The accompanying Schedule of Expenditures of Federal Awards presents the activity of all Federal Awards programs of
the City of Tulare, California (the City). The City’s reporting entity is defined in Note 1 to the City’s basic financial
statements. All federal awards received directly from federal agencies as well as federal awards passed through other
government agencies are included in the schedule. The information on the Schedule of Expenditures of Federal Awards 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).
NOTE 2 – BASIS OF ACCOUNTING
Consistent with the City’s method of filing federal financial reports, the accompanying Schedule of Expenditures of
Federal Awards is presented using the modified accrual basis of accounting. Differences, if any, between the schedule and
the financial statements (presented on an accrual basis of accounting) are not material.
De Minimis Rate Used: N
Rate Explanation: NOTE 6 – INDIRECT COST RATE
The City has elected not to use the 10 percent de minimis indirect cost rate as allowed under the Uniform Guidance.
The accompanying Schedule of Expenditures of Federal Awards presents the activity of all Federal Awards programs of
the City of Tulare, California (the City). The City’s reporting entity is defined in Note 1 to the City’s basic financial
statements. All federal awards received directly from federal agencies as well as federal awards passed through other
government agencies are included in the schedule. The information on the Schedule of Expenditures of Federal Awards 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: NOTE 2 – BASIS OF ACCOUNTING
Accounting Policies: NOTE 1 – REPORTING ENTITY
The accompanying Schedule of Expenditures of Federal Awards presents the activity of all Federal Awards programs of
the City of Tulare, California (the City). The City’s reporting entity is defined in Note 1 to the City’s basic financial
statements. All federal awards received directly from federal agencies as well as federal awards passed through other
government agencies are included in the schedule. The information on the Schedule of Expenditures of Federal Awards 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).
NOTE 2 – BASIS OF ACCOUNTING
Consistent with the City’s method of filing federal financial reports, the accompanying Schedule of Expenditures of
Federal Awards is presented using the modified accrual basis of accounting. Differences, if any, between the schedule and
the financial statements (presented on an accrual basis of accounting) are not material.
De Minimis Rate Used: N
Rate Explanation: NOTE 6 – INDIRECT COST RATE
The City has elected not to use the 10 percent de minimis indirect cost rate as allowed under the Uniform Guidance.
Consistent with the City’s method of filing federal financial reports, the accompanying Schedule of Expenditures of
Federal Awards is presented using the modified accrual basis of accounting. Differences, if any, between the schedule and
the financial statements (presented on an accrual basis of accounting) are not material.
Title: NOTE 3 – RELATIONSHIP TO BASIC FINANCIAL STATEMENTS
Accounting Policies: NOTE 1 – REPORTING ENTITY
The accompanying Schedule of Expenditures of Federal Awards presents the activity of all Federal Awards programs of
the City of Tulare, California (the City). The City’s reporting entity is defined in Note 1 to the City’s basic financial
statements. All federal awards received directly from federal agencies as well as federal awards passed through other
government agencies are included in the schedule. The information on the Schedule of Expenditures of Federal Awards 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).
NOTE 2 – BASIS OF ACCOUNTING
Consistent with the City’s method of filing federal financial reports, the accompanying Schedule of Expenditures of
Federal Awards is presented using the modified accrual basis of accounting. Differences, if any, between the schedule and
the financial statements (presented on an accrual basis of accounting) are not material.
De Minimis Rate Used: N
Rate Explanation: NOTE 6 – INDIRECT COST RATE
The City has elected not to use the 10 percent de minimis indirect cost rate as allowed under the Uniform Guidance.
Federal award expenditures agree or can be reconciled with the amounts reported in the City’s basic financial statements.
Title: NOTE 4 – SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS
Accounting Policies: NOTE 1 – REPORTING ENTITY
The accompanying Schedule of Expenditures of Federal Awards presents the activity of all Federal Awards programs of
the City of Tulare, California (the City). The City’s reporting entity is defined in Note 1 to the City’s basic financial
statements. All federal awards received directly from federal agencies as well as federal awards passed through other
government agencies are included in the schedule. The information on the Schedule of Expenditures of Federal Awards 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).
NOTE 2 – BASIS OF ACCOUNTING
Consistent with the City’s method of filing federal financial reports, the accompanying Schedule of Expenditures of
Federal Awards is presented using the modified accrual basis of accounting. Differences, if any, between the schedule and
the financial statements (presented on an accrual basis of accounting) are not material.
De Minimis Rate Used: N
Rate Explanation: NOTE 6 – INDIRECT COST RATE
The City has elected not to use the 10 percent de minimis indirect cost rate as allowed under the Uniform Guidance.
The Schedule of Expenditures of Federal Awards presented is prepared from only accounts of the various grant programs
and, therefore, does not present the financial position of operations of the city.
Title: NOTE 5 – OUTSTANDING LOANS
Accounting Policies: NOTE 1 – REPORTING ENTITY
The accompanying Schedule of Expenditures of Federal Awards presents the activity of all Federal Awards programs of
the City of Tulare, California (the City). The City’s reporting entity is defined in Note 1 to the City’s basic financial
statements. All federal awards received directly from federal agencies as well as federal awards passed through other
government agencies are included in the schedule. The information on the Schedule of Expenditures of Federal Awards 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).
NOTE 2 – BASIS OF ACCOUNTING
Consistent with the City’s method of filing federal financial reports, the accompanying Schedule of Expenditures of
Federal Awards is presented using the modified accrual basis of accounting. Differences, if any, between the schedule and
the financial statements (presented on an accrual basis of accounting) are not material.
De Minimis Rate Used: N
Rate Explanation: NOTE 6 – INDIRECT COST RATE
The City has elected not to use the 10 percent de minimis indirect cost rate as allowed under the Uniform Guidance.
The City has issued various loans (such as homebuyer and home improvement loans) through the Community
Development Block Grants/Entitlement Grants Program and HOME Investment Partnerships Program. The table below
presents the cumulative federally funded loans outstanding as of June 30, 2023. Repayments received on these loans are
accounted for as program income, and the loans are not subject to a continuing compliance requirement.
Title: NOTE 6 – INDIRECT COST RATE
Accounting Policies: NOTE 1 – REPORTING ENTITY
The accompanying Schedule of Expenditures of Federal Awards presents the activity of all Federal Awards programs of
the City of Tulare, California (the City). The City’s reporting entity is defined in Note 1 to the City’s basic financial
statements. All federal awards received directly from federal agencies as well as federal awards passed through other
government agencies are included in the schedule. The information on the Schedule of Expenditures of Federal Awards 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).
NOTE 2 – BASIS OF ACCOUNTING
Consistent with the City’s method of filing federal financial reports, the accompanying Schedule of Expenditures of
Federal Awards is presented using the modified accrual basis of accounting. Differences, if any, between the schedule and
the financial statements (presented on an accrual basis of accounting) are not material.
De Minimis Rate Used: N
Rate Explanation: NOTE 6 – INDIRECT COST RATE
The City has elected not to use the 10 percent de minimis indirect cost rate as allowed under the Uniform Guidance.
The City has elected not to use the 10 percent de minimis indirect cost rate as allowed under the Uniform Guidance.
Title: NOTE 7 – AMOUNTS PROVIDED TO SUBRECIPIENTS
Accounting Policies: NOTE 1 – REPORTING ENTITY
The accompanying Schedule of Expenditures of Federal Awards presents the activity of all Federal Awards programs of
the City of Tulare, California (the City). The City’s reporting entity is defined in Note 1 to the City’s basic financial
statements. All federal awards received directly from federal agencies as well as federal awards passed through other
government agencies are included in the schedule. The information on the Schedule of Expenditures of Federal Awards 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).
NOTE 2 – BASIS OF ACCOUNTING
Consistent with the City’s method of filing federal financial reports, the accompanying Schedule of Expenditures of
Federal Awards is presented using the modified accrual basis of accounting. Differences, if any, between the schedule and
the financial statements (presented on an accrual basis of accounting) are not material.
De Minimis Rate Used: N
Rate Explanation: NOTE 6 – INDIRECT COST RATE
The City has elected not to use the 10 percent de minimis indirect cost rate as allowed under the Uniform Guidance.
The City has provided federal awards to various subrecipients. For the year ended June 30, 2023, amounts provided toThe City has provided federal awards to various subrecipients. For the year ended June 30, 2023, amounts provided to
subrecipients from each federal program are as follows: