Title: Basis of Presentation
Accounting Policies: The Schedule of Expenditures of Federal Awards (SEFA) includes the federal grant activity of the City of Wichita under programs of the federal government for the year ended December 31, 2024, and is presented on the modified accrual basis of accounting, except for subrecipient expenditures, which are recorded on the cash basis. The information in the SEFA 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). 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 of Wichita has elected not to use the 10% de minimis cost rate allowed under Section 200.414(f) of theUniform Guidance. Instead of the de minimus rate, the City of Wichita works with a consultant to prepare an indirect cost rate plan (ICAP) that is submitted to the cognizant agency on an annual basis for review and approval. The Citys indirect cost rates used in the 2022 financial statements and for reimbursement for 2024 federal expenditures were approved by the cognizant agency.
The Schedule of Expenditures of Federal Awards (SEFA) includes the federal grant activity of the City of Wichita under programs of the federal government for the year ended December 31, 2024, and is presented on the modified accrual basis of accounting, except for subrecipient expenditures, which are recorded on the cash basis. The information in the SEFA 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). 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 Schedule of Expenditures of Federal Awards (SEFA) includes the federal grant activity of the City of Wichita under programs of the federal government for the year ended December 31, 2024, and is presented on the modified accrual basis of accounting, except for subrecipient expenditures, which are recorded on the cash basis. The information in the SEFA 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). 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 of Wichita has elected not to use the 10% de minimis cost rate allowed under Section 200.414(f) of theUniform Guidance. Instead of the de minimus rate, the City of Wichita works with a consultant to prepare an indirect cost rate plan (ICAP) that is submitted to the cognizant agency on an annual basis for review and approval. The Citys indirect cost rates used in the 2022 financial statements and for reimbursement for 2024 federal expenditures were approved by the cognizant agency.
The City of Wichita doesn't qualify for the de minis cost rate allowed under Section 200.414(f) of the Uniform Guidance. Instead of the de minimus rate, the City of Wichita works with a consultant to prepare an indirect cost allocation plan (ICAP) that is submitted to the cognizant agency on an annual basis for review and approval. The City's indirect cost rates used in the 2024 financial statements and for reimbursement of 2024 federal expenditures were approved by the cognizant agency.
Title: Federal Forfeited Property Program
Accounting Policies: The Schedule of Expenditures of Federal Awards (SEFA) includes the federal grant activity of the City of Wichita under programs of the federal government for the year ended December 31, 2024, and is presented on the modified accrual basis of accounting, except for subrecipient expenditures, which are recorded on the cash basis. The information in the SEFA 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). 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 of Wichita has elected not to use the 10% de minimis cost rate allowed under Section 200.414(f) of theUniform Guidance. Instead of the de minimus rate, the City of Wichita works with a consultant to prepare an indirect cost rate plan (ICAP) that is submitted to the cognizant agency on an annual basis for review and approval. The Citys indirect cost rates used in the 2022 financial statements and for reimbursement for 2024 federal expenditures were approved by the cognizant agency.
In 2024, the Narcotic Seizure program acquired $310,120 in federal forfeited property and expended zero on the qualified program.
Title: Community Services Block Grant
Accounting Policies: The Schedule of Expenditures of Federal Awards (SEFA) includes the federal grant activity of the City of Wichita under programs of the federal government for the year ended December 31, 2024, and is presented on the modified accrual basis of accounting, except for subrecipient expenditures, which are recorded on the cash basis. The information in the SEFA 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). 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 of Wichita has elected not to use the 10% de minimis cost rate allowed under Section 200.414(f) of theUniform Guidance. Instead of the de minimus rate, the City of Wichita works with a consultant to prepare an indirect cost rate plan (ICAP) that is submitted to the cognizant agency on an annual basis for review and approval. The Citys indirect cost rates used in the 2022 financial statements and for reimbursement for 2024 federal expenditures were approved by the cognizant agency.
The Community Services Block Grant (CSBG) is passed to the City of Wichita through the Kansas Housing Resources Corporation. Expenditures for the grant program years ending September 30, 2024 and September 30, 2025 are summarized in the following tables.
Title: WIFIA Bonds (Loans) Program
Accounting Policies: The Schedule of Expenditures of Federal Awards (SEFA) includes the federal grant activity of the City of Wichita under programs of the federal government for the year ended December 31, 2024, and is presented on the modified accrual basis of accounting, except for subrecipient expenditures, which are recorded on the cash basis. The information in the SEFA 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). 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 of Wichita has elected not to use the 10% de minimis cost rate allowed under Section 200.414(f) of theUniform Guidance. Instead of the de minimus rate, the City of Wichita works with a consultant to prepare an indirect cost rate plan (ICAP) that is submitted to the cognizant agency on an annual basis for review and approval. The Citys indirect cost rates used in the 2022 financial statements and for reimbursement for 2024 federal expenditures were approved by the cognizant agency.
Expenditures reported in this schedule consist of the beginning year outstanding loan balances plus advances made on the loans during the year. The outstanding balance at December 31, 2024 was $310,513,546. For further information on the City's WIFIA Bonds (loans), see Note 10.G - Direct Borrowing and Placements: Bonds and Long-Term Loans.