FAC Explorer

Audit 352854

FY End
2024-09-30
Total Expended
$2.45M
Findings
0
Programs
3
Organization: City of Azle, Texas (TX)
Year: 2024 Accepted: 2025-04-07
Auditor: Brookswatson & CO PLLC

Organization Exclusion Status:

Findings

No findings recorded

Programs

ALN Program Spent Major Findings
21.027 Coronavirus State and Local Fiscal Recovery Funds $991,251 Yes 0
14.218 Community Development Block Grants/entitlement Grants $115,307 - 0
16.607 Bulletproof Vest Partnership Program $1,968 - 0

Contacts

Name Title Type
JL6TAKPKFNV2 Stephen Barnes Auditee
8174447167 Michael Brooks Auditor
No contacts on file

Notes to SEFA

Title: Basis of Accounting Accounting Policies: The accompanying schedule of expenditures of federal awards includes the grant activity of Azle, Texas and is presented on the accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Cost Principles for Federal Awards (the Uniform Guidance). Therefore, some amounts presented in this schedule may differ from amounts presented in or used in the preparation of the basic financial statements. De Minimis Rate Used: N Rate Explanation: The City has not elected to use the 10 percent de minimis indirect cost rate allowed under the Uniform Guidance. The accompanying schedule of expenditures of federal awards includes the grant activity of Azle, Texas and is presented on the accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Cost Principles for Federal Awards (the Uniform Guidance). Therefore, some amounts presented in this schedule may differ from amounts presented in or used in the preparation of the basic financial statements.
Title: Indirect Cost Rate Accounting Policies: The accompanying schedule of expenditures of federal awards includes the grant activity of Azle, Texas and is presented on the accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Cost Principles for Federal Awards (the Uniform Guidance). Therefore, some amounts presented in this schedule may differ from amounts presented in or used in the preparation of the basic financial statements. De Minimis Rate Used: N Rate Explanation: The City has not elected to use the 10 percent de minimis indirect cost rate allowed under the Uniform Guidance. The City has not elected to use the 10 percent de minimis indirect cost rate allowed under the Uniform Guidance.