Audit 343777

FY End
2023-09-30
Total Expended
$2.78M
Findings
0
Programs
4
Organization: City of Mathis (TX)
Year: 2023 Accepted: 2025-02-25

Organization Exclusion Status:

Checking exclusion status...

Contacts

Name Title Type
TDUMRJ7LNSK8 Caron Vela Auditee
3615473343 Ernest R Garza Auditor
No contacts on file

Notes to SEFA

Title: CITY OF MATHIS Accounting Policies: SPECIAL REVENUE FUNDS ARE USED TO ACCOUNT FOR RESOURCES RESTRICTED TO, OR DESIGNATED FOR, SPECIFIC PURPOSES BY A GRANTOR. FEDERAL AND STATE FINANCIAL ASSISTANCE GENERALLY IS ACCOUNTED FOR IN A SPECIAL REVENUE FUND. GENERALLY, UNUSED BALANCES ARE RETURNED TO GRANTOR AT THE CLOSE OF SPECIFIED PROJECT PERIODS. De Minimis Rate Used: N Rate Explanation: THE CITY DID NOT ELECT TO APPLY THE 10% DE MINIMIS INDIRECT COST RATE. Special revenue funds are used to account for resources restricted to, or designated for, specific purposes
Title: NOTES ON ACCOUNTING POLICIES FOR FEDERAL AW ARDS Accounting Policies: SPECIAL REVENUE FUNDS ARE USED TO ACCOUNT FOR RESOURCES RESTRICTED TO, OR DESIGNATED FOR, SPECIFIC PURPOSES BY A GRANTOR. FEDERAL AND STATE FINANCIAL ASSISTANCE GENERALLY IS ACCOUNTED FOR IN A SPECIAL REVENUE FUND. GENERALLY, UNUSED BALANCES ARE RETURNED TO GRANTOR AT THE CLOSE OF SPECIFIED PROJECT PERIODS. De Minimis Rate Used: N Rate Explanation: THE CITY DID NOT ELECT TO APPLY THE 10% DE MINIMIS INDIRECT COST RATE. by a grantor. Federal and state financial assistance generally is accounted for in a Special Revenue Fund.
Title: FOR THE YEAR ENDING SEPTEMBER 30, 2023 Accounting Policies: SPECIAL REVENUE FUNDS ARE USED TO ACCOUNT FOR RESOURCES RESTRICTED TO, OR DESIGNATED FOR, SPECIFIC PURPOSES BY A GRANTOR. FEDERAL AND STATE FINANCIAL ASSISTANCE GENERALLY IS ACCOUNTED FOR IN A SPECIAL REVENUE FUND. GENERALLY, UNUSED BALANCES ARE RETURNED TO GRANTOR AT THE CLOSE OF SPECIFIED PROJECT PERIODS. De Minimis Rate Used: N Rate Explanation: THE CITY DID NOT ELECT TO APPLY THE 10% DE MINIMIS INDIRECT COST RATE. Generally, unused balances are returned to the grantor at the close of specified project periods.
Title: NOTES ON ACCOUNTING POLICIES FOR FEDERAL AW ARDS Accounting Policies: SPECIAL REVENUE FUNDS ARE USED TO ACCOUNT FOR RESOURCES RESTRICTED TO, OR DESIGNATED FOR, SPECIFIC PURPOSES BY A GRANTOR. FEDERAL AND STATE FINANCIAL ASSISTANCE GENERALLY IS ACCOUNTED FOR IN A SPECIAL REVENUE FUND. GENERALLY, UNUSED BALANCES ARE RETURNED TO GRANTOR AT THE CLOSE OF SPECIFIED PROJECT PERIODS. De Minimis Rate Used: N Rate Explanation: THE CITY DID NOT ELECT TO APPLY THE 10% DE MINIMIS INDIRECT COST RATE. * The accounting and financial reporting treatment applied to a fund is determined by its measurement
Title: FOR THE YEAR ENDING SEPTEMBER 30, 2023 Accounting Policies: SPECIAL REVENUE FUNDS ARE USED TO ACCOUNT FOR RESOURCES RESTRICTED TO, OR DESIGNATED FOR, SPECIFIC PURPOSES BY A GRANTOR. FEDERAL AND STATE FINANCIAL ASSISTANCE GENERALLY IS ACCOUNTED FOR IN A SPECIAL REVENUE FUND. GENERALLY, UNUSED BALANCES ARE RETURNED TO GRANTOR AT THE CLOSE OF SPECIFIED PROJECT PERIODS. De Minimis Rate Used: N Rate Explanation: THE CITY DID NOT ELECT TO APPLY THE 10% DE MINIMIS INDIRECT COST RATE. focus. The Governmental Fund types are accounted for using a current financial resources
Title: CITY OF MATHIS Accounting Policies: SPECIAL REVENUE FUNDS ARE USED TO ACCOUNT FOR RESOURCES RESTRICTED TO, OR DESIGNATED FOR, SPECIFIC PURPOSES BY A GRANTOR. FEDERAL AND STATE FINANCIAL ASSISTANCE GENERALLY IS ACCOUNTED FOR IN A SPECIAL REVENUE FUND. GENERALLY, UNUSED BALANCES ARE RETURNED TO GRANTOR AT THE CLOSE OF SPECIFIED PROJECT PERIODS. De Minimis Rate Used: N Rate Explanation: THE CITY DID NOT ELECT TO APPLY THE 10% DE MINIMIS INDIRECT COST RATE. measurement focus. All Federal grant funds were accounted for in a Special Revenue Fund or, in some
Title: NOTES ON ACCOUNTING POLICIES FOR FEDERAL AW ARDS Accounting Policies: SPECIAL REVENUE FUNDS ARE USED TO ACCOUNT FOR RESOURCES RESTRICTED TO, OR DESIGNATED FOR, SPECIFIC PURPOSES BY A GRANTOR. FEDERAL AND STATE FINANCIAL ASSISTANCE GENERALLY IS ACCOUNTED FOR IN A SPECIAL REVENUE FUND. GENERALLY, UNUSED BALANCES ARE RETURNED TO GRANTOR AT THE CLOSE OF SPECIFIED PROJECT PERIODS. De Minimis Rate Used: N Rate Explanation: THE CITY DID NOT ELECT TO APPLY THE 10% DE MINIMIS INDIRECT COST RATE. instances, in the General Fund which are Governmental Fund type funds.
Title: FOR THE YEAR ENDING SEPTEMBER 30, 2023 Accounting Policies: SPECIAL REVENUE FUNDS ARE USED TO ACCOUNT FOR RESOURCES RESTRICTED TO, OR DESIGNATED FOR, SPECIFIC PURPOSES BY A GRANTOR. FEDERAL AND STATE FINANCIAL ASSISTANCE GENERALLY IS ACCOUNTED FOR IN A SPECIAL REVENUE FUND. GENERALLY, UNUSED BALANCES ARE RETURNED TO GRANTOR AT THE CLOSE OF SPECIFIED PROJECT PERIODS. De Minimis Rate Used: N Rate Explanation: THE CITY DID NOT ELECT TO APPLY THE 10% DE MINIMIS INDIRECT COST RATE. With this measurement focus, only current assets and current liabilities and the fund balance are
Title: NOTES ON ACCOUNTING POLICIES FOR FEDERAL AW ARDS Accounting Policies: SPECIAL REVENUE FUNDS ARE USED TO ACCOUNT FOR RESOURCES RESTRICTED TO, OR DESIGNATED FOR, SPECIFIC PURPOSES BY A GRANTOR. FEDERAL AND STATE FINANCIAL ASSISTANCE GENERALLY IS ACCOUNTED FOR IN A SPECIAL REVENUE FUND. GENERALLY, UNUSED BALANCES ARE RETURNED TO GRANTOR AT THE CLOSE OF SPECIFIED PROJECT PERIODS. De Minimis Rate Used: N Rate Explanation: THE CITY DID NOT ELECT TO APPLY THE 10% DE MINIMIS INDIRECT COST RATE. included on the balance sheet. Operating statements of these funds present increases and decreases in
Title: FOR THE YEAR ENDING SEPTEMBER 30, 2023 Accounting Policies: SPECIAL REVENUE FUNDS ARE USED TO ACCOUNT FOR RESOURCES RESTRICTED TO, OR DESIGNATED FOR, SPECIFIC PURPOSES BY A GRANTOR. FEDERAL AND STATE FINANCIAL ASSISTANCE GENERALLY IS ACCOUNTED FOR IN A SPECIAL REVENUE FUND. GENERALLY, UNUSED BALANCES ARE RETURNED TO GRANTOR AT THE CLOSE OF SPECIFIED PROJECT PERIODS. De Minimis Rate Used: N Rate Explanation: THE CITY DID NOT ELECT TO APPLY THE 10% DE MINIMIS INDIRECT COST RATE. net current assets. The modified accrual basis of accounting is used for the Governmental Fund types.
Title: CITY OF MATHIS Accounting Policies: SPECIAL REVENUE FUNDS ARE USED TO ACCOUNT FOR RESOURCES RESTRICTED TO, OR DESIGNATED FOR, SPECIFIC PURPOSES BY A GRANTOR. FEDERAL AND STATE FINANCIAL ASSISTANCE GENERALLY IS ACCOUNTED FOR IN A SPECIAL REVENUE FUND. GENERALLY, UNUSED BALANCES ARE RETURNED TO GRANTOR AT THE CLOSE OF SPECIFIED PROJECT PERIODS. De Minimis Rate Used: N Rate Explanation: THE CITY DID NOT ELECT TO APPLY THE 10% DE MINIMIS INDIRECT COST RATE. This basis of accounting recognizes revenues in the accounting period in which they become
Title: NOTES ON ACCOUNTING POLICIES FOR FEDERAL AW ARDS Accounting Policies: SPECIAL REVENUE FUNDS ARE USED TO ACCOUNT FOR RESOURCES RESTRICTED TO, OR DESIGNATED FOR, SPECIFIC PURPOSES BY A GRANTOR. FEDERAL AND STATE FINANCIAL ASSISTANCE GENERALLY IS ACCOUNTED FOR IN A SPECIAL REVENUE FUND. GENERALLY, UNUSED BALANCES ARE RETURNED TO GRANTOR AT THE CLOSE OF SPECIFIED PROJECT PERIODS. De Minimis Rate Used: N Rate Explanation: THE CITY DID NOT ELECT TO APPLY THE 10% DE MINIMIS INDIRECT COST RATE. susceptible to accrual, i.e., both measurable and available, and expenditures in the accounting period in
Title: FOR THE YEAR ENDING SEPTEMBER 30, 2023 Accounting Policies: SPECIAL REVENUE FUNDS ARE USED TO ACCOUNT FOR RESOURCES RESTRICTED TO, OR DESIGNATED FOR, SPECIFIC PURPOSES BY A GRANTOR. FEDERAL AND STATE FINANCIAL ASSISTANCE GENERALLY IS ACCOUNTED FOR IN A SPECIAL REVENUE FUND. GENERALLY, UNUSED BALANCES ARE RETURNED TO GRANTOR AT THE CLOSE OF SPECIFIED PROJECT PERIODS. De Minimis Rate Used: N Rate Explanation: THE CITY DID NOT ELECT TO APPLY THE 10% DE MINIMIS INDIRECT COST RATE. which the fund liability is incurred, if measurable, except for unmatured interest on General Long_x0002_Term Debt, which is recognized when due, and certain compensated absences and claims and
Title: NOTES ON ACCOUNTING POLICIES FOR FEDERAL AW ARDS Accounting Policies: SPECIAL REVENUE FUNDS ARE USED TO ACCOUNT FOR RESOURCES RESTRICTED TO, OR DESIGNATED FOR, SPECIFIC PURPOSES BY A GRANTOR. FEDERAL AND STATE FINANCIAL ASSISTANCE GENERALLY IS ACCOUNTED FOR IN A SPECIAL REVENUE FUND. GENERALLY, UNUSED BALANCES ARE RETURNED TO GRANTOR AT THE CLOSE OF SPECIFIED PROJECT PERIODS. De Minimis Rate Used: N Rate Explanation: THE CITY DID NOT ELECT TO APPLY THE 10% DE MINIMIS INDIRECT COST RATE. judgments, which are recognized when the obligations are expected to be liquidated with expendable
Title: FOR THE YEAR ENDING SEPTEMBER 30, 2023 Accounting Policies: SPECIAL REVENUE FUNDS ARE USED TO ACCOUNT FOR RESOURCES RESTRICTED TO, OR DESIGNATED FOR, SPECIFIC PURPOSES BY A GRANTOR. FEDERAL AND STATE FINANCIAL ASSISTANCE GENERALLY IS ACCOUNTED FOR IN A SPECIAL REVENUE FUND. GENERALLY, UNUSED BALANCES ARE RETURNED TO GRANTOR AT THE CLOSE OF SPECIFIED PROJECT PERIODS. De Minimis Rate Used: N Rate Explanation: THE CITY DID NOT ELECT TO APPLY THE 10% DE MINIMIS INDIRECT COST RATE. available financial resources. Federal grant funds are considered to be earned to the extent of
Title: CITY OF MATHIS Accounting Policies: SPECIAL REVENUE FUNDS ARE USED TO ACCOUNT FOR RESOURCES RESTRICTED TO, OR DESIGNATED FOR, SPECIFIC PURPOSES BY A GRANTOR. FEDERAL AND STATE FINANCIAL ASSISTANCE GENERALLY IS ACCOUNTED FOR IN A SPECIAL REVENUE FUND. GENERALLY, UNUSED BALANCES ARE RETURNED TO GRANTOR AT THE CLOSE OF SPECIFIED PROJECT PERIODS. De Minimis Rate Used: N Rate Explanation: THE CITY DID NOT ELECT TO APPLY THE 10% DE MINIMIS INDIRECT COST RATE. expenditures made under the provisions of the grant, and, accordingly, when such funds are received,
Title: NOTES ON ACCOUNTING POLICIES FOR FEDERAL AW ARDS Accounting Policies: SPECIAL REVENUE FUNDS ARE USED TO ACCOUNT FOR RESOURCES RESTRICTED TO, OR DESIGNATED FOR, SPECIFIC PURPOSES BY A GRANTOR. FEDERAL AND STATE FINANCIAL ASSISTANCE GENERALLY IS ACCOUNTED FOR IN A SPECIAL REVENUE FUND. GENERALLY, UNUSED BALANCES ARE RETURNED TO GRANTOR AT THE CLOSE OF SPECIFIED PROJECT PERIODS. De Minimis Rate Used: N Rate Explanation: THE CITY DID NOT ELECT TO APPLY THE 10% DE MINIMIS INDIRECT COST RATE. they are recorded as unearned revenues until earned.
Title: FOR THE YEAR ENDING SEPTEMBER 30, 2023 Accounting Policies: SPECIAL REVENUE FUNDS ARE USED TO ACCOUNT FOR RESOURCES RESTRICTED TO, OR DESIGNATED FOR, SPECIFIC PURPOSES BY A GRANTOR. FEDERAL AND STATE FINANCIAL ASSISTANCE GENERALLY IS ACCOUNTED FOR IN A SPECIAL REVENUE FUND. GENERALLY, UNUSED BALANCES ARE RETURNED TO GRANTOR AT THE CLOSE OF SPECIFIED PROJECT PERIODS. De Minimis Rate Used: N Rate Explanation: THE CITY DID NOT ELECT TO APPLY THE 10% DE MINIMIS INDIRECT COST RATE. * The City must submit to the pass-through entity, no later than 90 calendar days ( or an earlier date as
Title: NOTES ON ACCOUNTING POLICIES FOR FEDERAL AW ARDS Accounting Policies: SPECIAL REVENUE FUNDS ARE USED TO ACCOUNT FOR RESOURCES RESTRICTED TO, OR DESIGNATED FOR, SPECIFIC PURPOSES BY A GRANTOR. FEDERAL AND STATE FINANCIAL ASSISTANCE GENERALLY IS ACCOUNTED FOR IN A SPECIAL REVENUE FUND. GENERALLY, UNUSED BALANCES ARE RETURNED TO GRANTOR AT THE CLOSE OF SPECIFIED PROJECT PERIODS. De Minimis Rate Used: N Rate Explanation: THE CITY DID NOT ELECT TO APPLY THE 10% DE MINIMIS INDIRECT COST RATE. agreed upon by the pass-through entity and the City) after the end date of the period of performance, all
Title: FOR THE YEAR ENDING SEPTEMBER 30, 2023 Accounting Policies: SPECIAL REVENUE FUNDS ARE USED TO ACCOUNT FOR RESOURCES RESTRICTED TO, OR DESIGNATED FOR, SPECIFIC PURPOSES BY A GRANTOR. FEDERAL AND STATE FINANCIAL ASSISTANCE GENERALLY IS ACCOUNTED FOR IN A SPECIAL REVENUE FUND. GENERALLY, UNUSED BALANCES ARE RETURNED TO GRANTOR AT THE CLOSE OF SPECIFIED PROJECT PERIODS. De Minimis Rate Used: N Rate Explanation: THE CITY DID NOT ELECT TO APPLY THE 10% DE MINIMIS INDIRECT COST RATE. financial, performance, and other reports as required by the terms and conditions of the Federal award.
Title: CITY OF MATHIS Accounting Policies: SPECIAL REVENUE FUNDS ARE USED TO ACCOUNT FOR RESOURCES RESTRICTED TO, OR DESIGNATED FOR, SPECIFIC PURPOSES BY A GRANTOR. FEDERAL AND STATE FINANCIAL ASSISTANCE GENERALLY IS ACCOUNTED FOR IN A SPECIAL REVENUE FUND. GENERALLY, UNUSED BALANCES ARE RETURNED TO GRANTOR AT THE CLOSE OF SPECIFIED PROJECT PERIODS. De Minimis Rate Used: N Rate Explanation: THE CITY DID NOT ELECT TO APPLY THE 10% DE MINIMIS INDIRECT COST RATE. The Federal awarding agency or pass-through entity may approve extensions when requested and
Title: NOTES ON ACCOUNTING POLICIES FOR FEDERAL AW ARDS Accounting Policies: SPECIAL REVENUE FUNDS ARE USED TO ACCOUNT FOR RESOURCES RESTRICTED TO, OR DESIGNATED FOR, SPECIFIC PURPOSES BY A GRANTOR. FEDERAL AND STATE FINANCIAL ASSISTANCE GENERALLY IS ACCOUNTED FOR IN A SPECIAL REVENUE FUND. GENERALLY, UNUSED BALANCES ARE RETURNED TO GRANTOR AT THE CLOSE OF SPECIFIED PROJECT PERIODS. De Minimis Rate Used: N Rate Explanation: THE CITY DID NOT ELECT TO APPLY THE 10% DE MINIMIS INDIRECT COST RATE. justified by the non-Federal entity, as applicable (2 CFR 200.344(a)).
Title: FOR THE YEAR ENDING SEPTEMBER 30, 2023 Accounting Policies: SPECIAL REVENUE FUNDS ARE USED TO ACCOUNT FOR RESOURCES RESTRICTED TO, OR DESIGNATED FOR, SPECIFIC PURPOSES BY A GRANTOR. FEDERAL AND STATE FINANCIAL ASSISTANCE GENERALLY IS ACCOUNTED FOR IN A SPECIAL REVENUE FUND. GENERALLY, UNUSED BALANCES ARE RETURNED TO GRANTOR AT THE CLOSE OF SPECIFIED PROJECT PERIODS. De Minimis Rate Used: N Rate Explanation: THE CITY DID NOT ELECT TO APPLY THE 10% DE MINIMIS INDIRECT COST RATE. Unless the Federal awarding agency or pass-through entity authorizes an extension, a non-Federal
Title: NOTES ON ACCOUNTING POLICIES FOR FEDERAL AW ARDS Accounting Policies: SPECIAL REVENUE FUNDS ARE USED TO ACCOUNT FOR RESOURCES RESTRICTED TO, OR DESIGNATED FOR, SPECIFIC PURPOSES BY A GRANTOR. FEDERAL AND STATE FINANCIAL ASSISTANCE GENERALLY IS ACCOUNTED FOR IN A SPECIAL REVENUE FUND. GENERALLY, UNUSED BALANCES ARE RETURNED TO GRANTOR AT THE CLOSE OF SPECIFIED PROJECT PERIODS. De Minimis Rate Used: N Rate Explanation: THE CITY DID NOT ELECT TO APPLY THE 10% DE MINIMIS INDIRECT COST RATE. entity must liquidate all financial obligations incurred under the Federal award no later than 120
Title: FOR THE YEAR ENDING SEPTEMBER 30, 2023 Accounting Policies: SPECIAL REVENUE FUNDS ARE USED TO ACCOUNT FOR RESOURCES RESTRICTED TO, OR DESIGNATED FOR, SPECIFIC PURPOSES BY A GRANTOR. FEDERAL AND STATE FINANCIAL ASSISTANCE GENERALLY IS ACCOUNTED FOR IN A SPECIAL REVENUE FUND. GENERALLY, UNUSED BALANCES ARE RETURNED TO GRANTOR AT THE CLOSE OF SPECIFIED PROJECT PERIODS. De Minimis Rate Used: N Rate Explanation: THE CITY DID NOT ELECT TO APPLY THE 10% DE MINIMIS INDIRECT COST RATE. calendar days after the end date of the performance as specified in the terms and conditions of the
Title: CITY OF MATHIS Accounting Policies: SPECIAL REVENUE FUNDS ARE USED TO ACCOUNT FOR RESOURCES RESTRICTED TO, OR DESIGNATED FOR, SPECIFIC PURPOSES BY A GRANTOR. FEDERAL AND STATE FINANCIAL ASSISTANCE GENERALLY IS ACCOUNTED FOR IN A SPECIAL REVENUE FUND. GENERALLY, UNUSED BALANCES ARE RETURNED TO GRANTOR AT THE CLOSE OF SPECIFIED PROJECT PERIODS. De Minimis Rate Used: N Rate Explanation: THE CITY DID NOT ELECT TO APPLY THE 10% DE MINIMIS INDIRECT COST RATE. Federal award (2 CFR 200.344(6)).
Title: NOTES ON ACCOUNTING POLICIES FOR FEDERAL AW ARDS Accounting Policies: SPECIAL REVENUE FUNDS ARE USED TO ACCOUNT FOR RESOURCES RESTRICTED TO, OR DESIGNATED FOR, SPECIFIC PURPOSES BY A GRANTOR. FEDERAL AND STATE FINANCIAL ASSISTANCE GENERALLY IS ACCOUNTED FOR IN A SPECIAL REVENUE FUND. GENERALLY, UNUSED BALANCES ARE RETURNED TO GRANTOR AT THE CLOSE OF SPECIFIED PROJECT PERIODS. De Minimis Rate Used: N Rate Explanation: THE CITY DID NOT ELECT TO APPLY THE 10% DE MINIMIS INDIRECT COST RATE. The Schedule of Expenditures of Federal Awards presents the activity of all applicable federal award
Title: FOR THE YEAR ENDING SEPTEMBER 30, 2023 Accounting Policies: SPECIAL REVENUE FUNDS ARE USED TO ACCOUNT FOR RESOURCES RESTRICTED TO, OR DESIGNATED FOR, SPECIFIC PURPOSES BY A GRANTOR. FEDERAL AND STATE FINANCIAL ASSISTANCE GENERALLY IS ACCOUNTED FOR IN A SPECIAL REVENUE FUND. GENERALLY, UNUSED BALANCES ARE RETURNED TO GRANTOR AT THE CLOSE OF SPECIFIED PROJECT PERIODS. De Minimis Rate Used: N Rate Explanation: THE CITY DID NOT ELECT TO APPLY THE 10% DE MINIMIS INDIRECT COST RATE. programs of the City. The City's reporting entity is defined in Note I of the basic financial statements.
Title: NOTES ON ACCOUNTING POLICIES FOR FEDERAL AW ARDS Accounting Policies: SPECIAL REVENUE FUNDS ARE USED TO ACCOUNT FOR RESOURCES RESTRICTED TO, OR DESIGNATED FOR, SPECIFIC PURPOSES BY A GRANTOR. FEDERAL AND STATE FINANCIAL ASSISTANCE GENERALLY IS ACCOUNTED FOR IN A SPECIAL REVENUE FUND. GENERALLY, UNUSED BALANCES ARE RETURNED TO GRANTOR AT THE CLOSE OF SPECIFIED PROJECT PERIODS. De Minimis Rate Used: N Rate Explanation: THE CITY DID NOT ELECT TO APPLY THE 10% DE MINIMIS INDIRECT COST RATE. Federal awards received directly from federal agencies, as well as federal awards passed through other
Title: FOR THE YEAR ENDING SEPTEMBER 30, 2023 Accounting Policies: SPECIAL REVENUE FUNDS ARE USED TO ACCOUNT FOR RESOURCES RESTRICTED TO, OR DESIGNATED FOR, SPECIFIC PURPOSES BY A GRANTOR. FEDERAL AND STATE FINANCIAL ASSISTANCE GENERALLY IS ACCOUNTED FOR IN A SPECIAL REVENUE FUND. GENERALLY, UNUSED BALANCES ARE RETURNED TO GRANTOR AT THE CLOSE OF SPECIFIED PROJECT PERIODS. De Minimis Rate Used: N Rate Explanation: THE CITY DID NOT ELECT TO APPLY THE 10% DE MINIMIS INDIRECT COST RATE. government agencies, are included on the Schedule of Expenditures of Federal Awards.