Title: NOTE A – BASIS OF ACCOUNTING
Accounting Policies: The accompanying schedule of expenditures of federal awards (the schedule) includes the federal grant activity of the
City of Tyler, Texas under programs of the federal government for the year ended September 30, 2024 and is presented
on the modified accrual basis of accounting. This 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 operation the City of Tyler, Texas, it is not intended to and does not present the financial
position, changes in net assets, or cash flows of the City of Tyler, Texas
De Minimis Rate Used: N
Rate Explanation: Not considered necessary
The accompanying schedule of expenditures of federal awards (the schedule) includes the federal grant activity of the
City of Tyler, Texas under programs of the federal government for the year ended September 30, 2024 and is presented
on the modified accrual basis of accounting. This 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 operation the City of Tyler, Texas, it is not intended to and does not present the financial
position, changes in net assets, or cash flows of the City of Tyler, Texas
Title: NOTE B – NON-CASH ASSISTANCE, INSURANCE, AND LOANS
Accounting Policies: The accompanying schedule of expenditures of federal awards (the schedule) includes the federal grant activity of the
City of Tyler, Texas under programs of the federal government for the year ended September 30, 2024 and is presented
on the modified accrual basis of accounting. This 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 operation the City of Tyler, Texas, it is not intended to and does not present the financial
position, changes in net assets, or cash flows of the City of Tyler, Texas
De Minimis Rate Used: N
Rate Explanation: Not considered necessary
The City of Tyler did not receive any non-cash assistance through federal awards during the year ended September
30, 2024. There were no federal loans or loan guarantees outstanding at year end.
Certain federal awards require the City of Tyler to maintain adequate insurance coverage. Following is a summary of
the City of Tyler’s insurance policies and the liability limits:
Title: NOTE C- INDIRECT COST RATES
Accounting Policies: The accompanying schedule of expenditures of federal awards (the schedule) includes the federal grant activity of the
City of Tyler, Texas under programs of the federal government for the year ended September 30, 2024 and is presented
on the modified accrual basis of accounting. This 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 operation the City of Tyler, Texas, it is not intended to and does not present the financial
position, changes in net assets, or cash flows of the City of Tyler, Texas
De Minimis Rate Used: N
Rate Explanation: Not considered necessary
The City of Tyler, Texas has elected not to use the 10% de minimis cost rate as permitted in the UG, section 200.414.