Audit 344510

FY End
2024-06-30
Total Expended
$4.66M
Findings
0
Programs
5
Organization: City of Encinitas (CA)
Year: 2024 Accepted: 2025-03-03

Organization Exclusion Status:

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Findings

No findings recorded

Contacts

Name Title Type
N988C2JLJ4Z7 Tom Gallup Auditee
7606332600 Coley Delaney Auditor
No contacts on file

Notes to SEFA

Title: 1-Reporting Entity Accounting Policies: Scope of Presentation The accompanying Schedule of Expenditures of Federal Awards (“Schedule”) includes the federal grant activity of the City of Encinitas under programs of the federal government for the year ended June 30, 2024. 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”). Because the Schedule presents only a selected portion of the operations of the City of Encinitas, it is not intended to and does not present the financial position, changes in net position or cash flows of the City of Encinitas. Basis of Accounting Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Fede De Minimis Rate Used: N Rate Explanation: The City did not elect to use the 10-percent de minimis rate as allowed under the Uniform Guidance. The City of Encinitas (the City) was incorporated on October 1, 1986, pursuant to an election approving the San Dieguito Reorganization Plan, which consisted primarily of the detachment of territory from the Cardiff area and the annexation of the same territory to the City of Solana Beach. The reporting entity of the City includes the accounts of the City, as the primary government, and the following blended component units: the Encinitas Housing Authority (the EHA), the Encinitas Public Financing Authority (the EPFA), and the San Dieguito Water District (SDWD). The EHA was formed on January 26, 1994, under the laws of the State of California to provide housing assistance to citizens of the City. The EPFA was formed on November 6, 1991, by the City and SDWD as a Joint Powers Authority under the laws of the State of California to purchase, finance, and lease certain real property to the members. The member agencies are the City and the SDWD. SDWD was formed in 1922 under the laws of the State of California to supply water services to the central western portion of San Diego County. Certain management, maintenance, and operating functions are the responsibility of the City, which bills periodically for these services. The criteria used in determining the scope of the reporting entity are based on the provisions of Governmental Accounting Standards Board (GASB) Statement No 14, The Financial Reporting Entity, as amended by GASB Statement No. 61, The Financial Reporting Entity - Omnibus –An Amendment of GASB Statements No. 14 and No. 34. The City is the primary governmental unit. Component units are financially accountable to the City. Financial accountability exists if the primary government appoints a voting majority of the entity's governing body and (1) it is able to impose its will on that organization or (2) there is potential for the organization to provide financial benefit or impose financial burdens on the primary government. The component units have been accounted for as "blended" component units of the City. Despite being legally separate, these entities are so intertwined with the City that they are, in substance, part of the City's operations. Accordingly, the balances and transactions of these component units are reported within the funds of the City. SDWD is reported as an enterprise fund of the City. The following specific criteria were used in determining the status of these component units:  Members of the City Council also act as the governing body of the EHA, the EPFA, and SDWD.  The City, the EHA, the EPFA, and SDWD are financially interdependent.  The EHA, the EPFA, and SDWD are managed, at least in part, by employees of the City, who provide various support functions including financial reporting and investment decisions. Separate financial statements for SDWD are available at the City's administrative office. Separate financial statements are not required or prepared for the EHA and the EPFA.
Title: 2-Summary of Significant Accounting Policies Accounting Policies: Scope of Presentation The accompanying Schedule of Expenditures of Federal Awards (“Schedule”) includes the federal grant activity of the City of Encinitas under programs of the federal government for the year ended June 30, 2024. 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”). Because the Schedule presents only a selected portion of the operations of the City of Encinitas, it is not intended to and does not present the financial position, changes in net position or cash flows of the City of Encinitas. Basis of Accounting Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Fede De Minimis Rate Used: N Rate Explanation: The City did not elect to use the 10-percent de minimis rate as allowed under the Uniform Guidance. Scope of Presentation The accompanying Schedule of Expenditures of Federal Awards (“Schedule”) includes the federal grant activity of the City of Encinitas under programs of the federal government for the year ended June 30, 2024. 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”). Because the Schedule presents only a selected portion of the operations of the City of Encinitas, it is not intended to and does not present the financial position, changes in net position or cash flows of the City of Encinitas. Basis of Accounting Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards wherein certain types of expenditures are not allowable or are limited as to reimbursement.
Title: 3-Indirect Costs Accounting Policies: Scope of Presentation The accompanying Schedule of Expenditures of Federal Awards (“Schedule”) includes the federal grant activity of the City of Encinitas under programs of the federal government for the year ended June 30, 2024. 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”). Because the Schedule presents only a selected portion of the operations of the City of Encinitas, it is not intended to and does not present the financial position, changes in net position or cash flows of the City of Encinitas. Basis of Accounting Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Fede De Minimis Rate Used: N Rate Explanation: The City did not elect to use the 10-percent de minimis rate as allowed under the Uniform Guidance. The City did not elect to use the 10-percent de minimis rate as allowed under the Uniform Guidance.
Title: 4-Subrecipient Expenditures Accounting Policies: Scope of Presentation The accompanying Schedule of Expenditures of Federal Awards (“Schedule”) includes the federal grant activity of the City of Encinitas under programs of the federal government for the year ended June 30, 2024. 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”). Because the Schedule presents only a selected portion of the operations of the City of Encinitas, it is not intended to and does not present the financial position, changes in net position or cash flows of the City of Encinitas. Basis of Accounting Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Fede De Minimis Rate Used: N Rate Explanation: The City did not elect to use the 10-percent de minimis rate as allowed under the Uniform Guidance. Payments to subrecipients totaled $66,169 for the Community Development Block Grant (14.218) for the fiscal year ended June 30, 2024 were the following: Meals on Wheels $ 7,588 CRC Homeless Programs 22,128 Fair Housing Services 19,169 Interfaith Community Services 17,284 $ 66,169