Title: General
Accounting Policies: The City’s summary of significant accounting policies is presented in Note 1 in the City’s basic financial statements. Governmental funds and proprietary funds account for the City’s federal grant activity. Amounts reported in the Schedule for governmental funds are recognized on the modified accrual basis when they become a demand on current available federal resources and other program requirements are met. Available means collectible within the current period, or soon enough thereafter, to pay liabilities of the current period or when matured. The City considers grant revenue as available if it is expected to be collected within one year and all eligibility requirements are met. Amounts reported in the Schedule for proprietary funds are recognized on the accrual basis at the time liabilities are incurred.
Expenditures reported by the City for Assistance Listing Number 97.036, Disaster Grants-Public Assistance (Presidentially Declared Disasters), are recorded when the estimated federal obligation is determined and reimbursed.
Certain federal award programs are administered through the Colorado Department of Human Services (CDHS); CDHS reports information for these programs on the cash basis. As a result, these programs, as listed below, are reported in the City's Schedule of Expenditures of Federal Awards on the cash basis:Supplemental Nutrition Assistance Program (SNAP) 10.551
State Administrative Matching Grants for the Supplemental Nutrition Assistance
Program 10.561
COVID-19 - Coronavirus State and Local Fiscal Recovery Funds (Passed through
Colorado Department of Human Services only) 21.027
Guardianship Assistance 93.090
Title IV-E Kinship Navigator Program 93.471
Title IV-E Prevention Program 93.472
MaryLee Allen Promoting Safe and Stable Families Program 93.556
Temporary Assistance for Needy Families (TANF) 93.558
Child Support Enforcement 93.563
Low-Income Home Energy Assistance (LIHEAP) 93.568
Child Care and Development Block Grant (CCDBG) 93.575
Child Care Mandatory and Matching Funds of the Child Care and Development Fund 93.596
Stephanie Tubbs Jones Child Welfare Services Program 93.645
Foster Care Title IV-E 93.658
Adoption Assistance 93.659
Social Services Block Grant 93.667
John H. Chafee Foster Care Program for Successful Transition to Adulthood 93.674
COVID-19 - Elder Abuse Prevention Interventions Program 93.747
Medical Assistance Program 93.778
Such expenditures are recognized following, as applicable, the cost principles in OMB A-87 or the
cost principles contained in Uniform Guidance, wherein certain types of expenditures are not
allowable or are limited as to reimbursement. Negative amounts shown on the Schedule, if any,
represent adjustments or credits made in the normal course of business to amounts reported as
expenditures in prior years. Therefore, some amounts presented in the Schedule may differ from
amounts presented in, or used in the preparation of, the basic financial statements or reports to federal
agencies.
De Minimis Rate Used: Y
Rate Explanation: The City has elected to use the 10 percent de minimis indirect cost rate allowed under the Uniform
Guidance, except for the following Assistance Listing Numbers (16.575, 16.582, 16.753, 17.207,
17.258, 17.259, 17.268, 17.277, 17.278, 21.027, 66.605, 66.818, 93.069, 93.136, 93.243, 93.268,
93.354, 93.566, 93.914, 93.994) which elected to use a rate agreed on through the grant agreement or
interagency agreement.
The accompanying Schedule of Expenditures of Federal Awards (the Schedule) includes the federal
award activity of the primary government of the City and County of Denver (the City). The City’s
reporting entity is defined in Note 1 in the City’s basic financial statements for the year ended
December 31, 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, it is not intended to and does not present the financial
position, changes in net assets, or cash flows of the City. The Schedule includes federally funded
projects received directly from federal agencies and the federal amount of pass-through awards
received by the City through the State of Colorado or other non-federal entities.
The City’s basic financial statements include the operations of the Denver Urban Renewal Authority
(DURA), a discretely presented component unit, which expended less than $750,000 in federal
awards, so is not included in the City’s Schedule of Expenditures of Federal Awards for the year
ended December 31, 2024.
Title: Basis of Accounting
Accounting Policies: The City’s summary of significant accounting policies is presented in Note 1 in the City’s basic financial statements. Governmental funds and proprietary funds account for the City’s federal grant activity. Amounts reported in the Schedule for governmental funds are recognized on the modified accrual basis when they become a demand on current available federal resources and other program requirements are met. Available means collectible within the current period, or soon enough thereafter, to pay liabilities of the current period or when matured. The City considers grant revenue as available if it is expected to be collected within one year and all eligibility requirements are met. Amounts reported in the Schedule for proprietary funds are recognized on the accrual basis at the time liabilities are incurred.
Expenditures reported by the City for Assistance Listing Number 97.036, Disaster Grants-Public Assistance (Presidentially Declared Disasters), are recorded when the estimated federal obligation is determined and reimbursed.
Certain federal award programs are administered through the Colorado Department of Human Services (CDHS); CDHS reports information for these programs on the cash basis. As a result, these programs, as listed below, are reported in the City's Schedule of Expenditures of Federal Awards on the cash basis:Supplemental Nutrition Assistance Program (SNAP) 10.551
State Administrative Matching Grants for the Supplemental Nutrition Assistance
Program 10.561
COVID-19 - Coronavirus State and Local Fiscal Recovery Funds (Passed through
Colorado Department of Human Services only) 21.027
Guardianship Assistance 93.090
Title IV-E Kinship Navigator Program 93.471
Title IV-E Prevention Program 93.472
MaryLee Allen Promoting Safe and Stable Families Program 93.556
Temporary Assistance for Needy Families (TANF) 93.558
Child Support Enforcement 93.563
Low-Income Home Energy Assistance (LIHEAP) 93.568
Child Care and Development Block Grant (CCDBG) 93.575
Child Care Mandatory and Matching Funds of the Child Care and Development Fund 93.596
Stephanie Tubbs Jones Child Welfare Services Program 93.645
Foster Care Title IV-E 93.658
Adoption Assistance 93.659
Social Services Block Grant 93.667
John H. Chafee Foster Care Program for Successful Transition to Adulthood 93.674
COVID-19 - Elder Abuse Prevention Interventions Program 93.747
Medical Assistance Program 93.778
Such expenditures are recognized following, as applicable, the cost principles in OMB A-87 or the
cost principles contained in Uniform Guidance, wherein certain types of expenditures are not
allowable or are limited as to reimbursement. Negative amounts shown on the Schedule, if any,
represent adjustments or credits made in the normal course of business to amounts reported as
expenditures in prior years. Therefore, some amounts presented in the Schedule may differ from
amounts presented in, or used in the preparation of, the basic financial statements or reports to federal
agencies.
De Minimis Rate Used: Y
Rate Explanation: The City has elected to use the 10 percent de minimis indirect cost rate allowed under the Uniform
Guidance, except for the following Assistance Listing Numbers (16.575, 16.582, 16.753, 17.207,
17.258, 17.259, 17.268, 17.277, 17.278, 21.027, 66.605, 66.818, 93.069, 93.136, 93.243, 93.268,
93.354, 93.566, 93.914, 93.994) which elected to use a rate agreed on through the grant agreement or
interagency agreement.
The City’s summary of significant accounting policies is presented in Note 1 in the City’s basic
financial statements. Governmental funds and proprietary funds account for the City’s federal grant
activity. Amounts reported in the Schedule for governmental funds are recognized on the modified
accrual basis when they become a demand on current available federal resources and other program
requirements are met. Available means collectible within the current period, or soon enough
thereafter, to pay liabilities of the current period or when matured. The City considers grant revenue
as available if it is expected to be collected within one year and all eligibility requirements are met.
Amounts reported in the Schedule for proprietary funds are recognized on the accrual basis at the
time liabilities are incurred.
Expenditures reported by the City for Assistance Listing Number 97.036, Disaster Grants-Public
Assistance (Presidentially Declared Disasters), are recorded when the estimated federal obligation is
determined and reimbursed.
Certain federal award programs are administered through the Colorado Department of Human
Services (CDHS); CDHS reports information for these programs on the cash basis. As a result, these
programs, as listed below, are reported in the City's Schedule of Expenditures of Federal Awards on
the cash basis:Supplemental Nutrition Assistance Program (SNAP) 10.551
State Administrative Matching Grants for the Supplemental Nutrition Assistance
Program 10.561
COVID-19 - Coronavirus State and Local Fiscal Recovery Funds (Passed through
Colorado Department of Human Services only) 21.027
Guardianship Assistance 93.090
Title IV-E Kinship Navigator Program 93.471
Title IV-E Prevention Program 93.472
MaryLee Allen Promoting Safe and Stable Families Program 93.556
Temporary Assistance for Needy Families (TANF) 93.558
Child Support Enforcement 93.563
Low-Income Home Energy Assistance (LIHEAP) 93.568
Child Care and Development Block Grant (CCDBG) 93.575
Child Care Mandatory and Matching Funds of the Child Care and Development Fund 93.596
Stephanie Tubbs Jones Child Welfare Services Program 93.645
Foster Care Title IV-E 93.658
Adoption Assistance 93.659
Social Services Block Grant 93.667
John H. Chafee Foster Care Program for Successful Transition to Adulthood 93.674
COVID-19 - Elder Abuse Prevention Interventions Program 93.747
Medical Assistance Program 93.778
Such expenditures are recognized following, as applicable, the cost principles in OMB A-87 or the
cost principles contained in Uniform Guidance, wherein certain types of expenditures are not
allowable or are limited as to reimbursement. Negative amounts shown on the Schedule, if any,
represent adjustments or credits made in the normal course of business to amounts reported as
expenditures in prior years. Therefore, some amounts presented in the Schedule may differ from
amounts presented in, or used in the preparation of, the basic financial statements or reports to federal
agencies.
Title: Human Services Programs
Accounting Policies: The City’s summary of significant accounting policies is presented in Note 1 in the City’s basic financial statements. Governmental funds and proprietary funds account for the City’s federal grant activity. Amounts reported in the Schedule for governmental funds are recognized on the modified accrual basis when they become a demand on current available federal resources and other program requirements are met. Available means collectible within the current period, or soon enough thereafter, to pay liabilities of the current period or when matured. The City considers grant revenue as available if it is expected to be collected within one year and all eligibility requirements are met. Amounts reported in the Schedule for proprietary funds are recognized on the accrual basis at the time liabilities are incurred.
Expenditures reported by the City for Assistance Listing Number 97.036, Disaster Grants-Public Assistance (Presidentially Declared Disasters), are recorded when the estimated federal obligation is determined and reimbursed.
Certain federal award programs are administered through the Colorado Department of Human Services (CDHS); CDHS reports information for these programs on the cash basis. As a result, these programs, as listed below, are reported in the City's Schedule of Expenditures of Federal Awards on the cash basis:Supplemental Nutrition Assistance Program (SNAP) 10.551
State Administrative Matching Grants for the Supplemental Nutrition Assistance
Program 10.561
COVID-19 - Coronavirus State and Local Fiscal Recovery Funds (Passed through
Colorado Department of Human Services only) 21.027
Guardianship Assistance 93.090
Title IV-E Kinship Navigator Program 93.471
Title IV-E Prevention Program 93.472
MaryLee Allen Promoting Safe and Stable Families Program 93.556
Temporary Assistance for Needy Families (TANF) 93.558
Child Support Enforcement 93.563
Low-Income Home Energy Assistance (LIHEAP) 93.568
Child Care and Development Block Grant (CCDBG) 93.575
Child Care Mandatory and Matching Funds of the Child Care and Development Fund 93.596
Stephanie Tubbs Jones Child Welfare Services Program 93.645
Foster Care Title IV-E 93.658
Adoption Assistance 93.659
Social Services Block Grant 93.667
John H. Chafee Foster Care Program for Successful Transition to Adulthood 93.674
COVID-19 - Elder Abuse Prevention Interventions Program 93.747
Medical Assistance Program 93.778
Such expenditures are recognized following, as applicable, the cost principles in OMB A-87 or the
cost principles contained in Uniform Guidance, wherein certain types of expenditures are not
allowable or are limited as to reimbursement. Negative amounts shown on the Schedule, if any,
represent adjustments or credits made in the normal course of business to amounts reported as
expenditures in prior years. Therefore, some amounts presented in the Schedule may differ from
amounts presented in, or used in the preparation of, the basic financial statements or reports to federal
agencies.
De Minimis Rate Used: Y
Rate Explanation: The City has elected to use the 10 percent de minimis indirect cost rate allowed under the Uniform
Guidance, except for the following Assistance Listing Numbers (16.575, 16.582, 16.753, 17.207,
17.258, 17.259, 17.268, 17.277, 17.278, 21.027, 66.605, 66.818, 93.069, 93.136, 93.243, 93.268,
93.354, 93.566, 93.914, 93.994) which elected to use a rate agreed on through the grant agreement or
interagency agreement.
The City’s Department of Human Services operates several federally funded human services
programs where benefits are provided to qualified citizens. The benefit distribution method consists
of participants receiving benefits using a state-maintained electronic banking card (EBT) instead of
the City’s cash disbursements. The Colorado Department of Human Services provided total EBT
authorizations to qualified citizens in the City, in the amount of $132,349,792, of which $68,483,511
is the federal share. The revenue and expenditures associated with these federal programs are not
recognized in the City’s basic financial statements.
Title: State Information Technology System
Accounting Policies: The City’s summary of significant accounting policies is presented in Note 1 in the City’s basic financial statements. Governmental funds and proprietary funds account for the City’s federal grant activity. Amounts reported in the Schedule for governmental funds are recognized on the modified accrual basis when they become a demand on current available federal resources and other program requirements are met. Available means collectible within the current period, or soon enough thereafter, to pay liabilities of the current period or when matured. The City considers grant revenue as available if it is expected to be collected within one year and all eligibility requirements are met. Amounts reported in the Schedule for proprietary funds are recognized on the accrual basis at the time liabilities are incurred.
Expenditures reported by the City for Assistance Listing Number 97.036, Disaster Grants-Public Assistance (Presidentially Declared Disasters), are recorded when the estimated federal obligation is determined and reimbursed.
Certain federal award programs are administered through the Colorado Department of Human Services (CDHS); CDHS reports information for these programs on the cash basis. As a result, these programs, as listed below, are reported in the City's Schedule of Expenditures of Federal Awards on the cash basis:Supplemental Nutrition Assistance Program (SNAP) 10.551
State Administrative Matching Grants for the Supplemental Nutrition Assistance
Program 10.561
COVID-19 - Coronavirus State and Local Fiscal Recovery Funds (Passed through
Colorado Department of Human Services only) 21.027
Guardianship Assistance 93.090
Title IV-E Kinship Navigator Program 93.471
Title IV-E Prevention Program 93.472
MaryLee Allen Promoting Safe and Stable Families Program 93.556
Temporary Assistance for Needy Families (TANF) 93.558
Child Support Enforcement 93.563
Low-Income Home Energy Assistance (LIHEAP) 93.568
Child Care and Development Block Grant (CCDBG) 93.575
Child Care Mandatory and Matching Funds of the Child Care and Development Fund 93.596
Stephanie Tubbs Jones Child Welfare Services Program 93.645
Foster Care Title IV-E 93.658
Adoption Assistance 93.659
Social Services Block Grant 93.667
John H. Chafee Foster Care Program for Successful Transition to Adulthood 93.674
COVID-19 - Elder Abuse Prevention Interventions Program 93.747
Medical Assistance Program 93.778
Such expenditures are recognized following, as applicable, the cost principles in OMB A-87 or the
cost principles contained in Uniform Guidance, wherein certain types of expenditures are not
allowable or are limited as to reimbursement. Negative amounts shown on the Schedule, if any,
represent adjustments or credits made in the normal course of business to amounts reported as
expenditures in prior years. Therefore, some amounts presented in the Schedule may differ from
amounts presented in, or used in the preparation of, the basic financial statements or reports to federal
agencies.
De Minimis Rate Used: Y
Rate Explanation: The City has elected to use the 10 percent de minimis indirect cost rate allowed under the Uniform
Guidance, except for the following Assistance Listing Numbers (16.575, 16.582, 16.753, 17.207,
17.258, 17.259, 17.268, 17.277, 17.278, 21.027, 66.605, 66.818, 93.069, 93.136, 93.243, 93.268,
93.354, 93.566, 93.914, 93.994) which elected to use a rate agreed on through the grant agreement or
interagency agreement.
In 2004, the State of Colorado (the State) implemented the new Colorado Benefits Management
System (CBMS), which consolidated legacy systems into one system and also incorporated a rules
engine for determining eligibility and calculating and issuing benefits payments. As a result, the
counties and the State split eligibility determination functions for certain federal Human Services’
programs under CBMS. Counties are responsible for data collection from applicants and data entry
of applicable information into CBMS. Concurrently, the State maintains the computer system
supporting the eligibility determination process and pays benefits to the participants. The actual
eligibility and payment determinations become the State’s responsibility utilizing CBMS.
Title: Revolving Loan Funds – Not Subject to Compliance
Accounting Policies: The City’s summary of significant accounting policies is presented in Note 1 in the City’s basic financial statements. Governmental funds and proprietary funds account for the City’s federal grant activity. Amounts reported in the Schedule for governmental funds are recognized on the modified accrual basis when they become a demand on current available federal resources and other program requirements are met. Available means collectible within the current period, or soon enough thereafter, to pay liabilities of the current period or when matured. The City considers grant revenue as available if it is expected to be collected within one year and all eligibility requirements are met. Amounts reported in the Schedule for proprietary funds are recognized on the accrual basis at the time liabilities are incurred.
Expenditures reported by the City for Assistance Listing Number 97.036, Disaster Grants-Public Assistance (Presidentially Declared Disasters), are recorded when the estimated federal obligation is determined and reimbursed.
Certain federal award programs are administered through the Colorado Department of Human Services (CDHS); CDHS reports information for these programs on the cash basis. As a result, these programs, as listed below, are reported in the City's Schedule of Expenditures of Federal Awards on the cash basis:Supplemental Nutrition Assistance Program (SNAP) 10.551
State Administrative Matching Grants for the Supplemental Nutrition Assistance
Program 10.561
COVID-19 - Coronavirus State and Local Fiscal Recovery Funds (Passed through
Colorado Department of Human Services only) 21.027
Guardianship Assistance 93.090
Title IV-E Kinship Navigator Program 93.471
Title IV-E Prevention Program 93.472
MaryLee Allen Promoting Safe and Stable Families Program 93.556
Temporary Assistance for Needy Families (TANF) 93.558
Child Support Enforcement 93.563
Low-Income Home Energy Assistance (LIHEAP) 93.568
Child Care and Development Block Grant (CCDBG) 93.575
Child Care Mandatory and Matching Funds of the Child Care and Development Fund 93.596
Stephanie Tubbs Jones Child Welfare Services Program 93.645
Foster Care Title IV-E 93.658
Adoption Assistance 93.659
Social Services Block Grant 93.667
John H. Chafee Foster Care Program for Successful Transition to Adulthood 93.674
COVID-19 - Elder Abuse Prevention Interventions Program 93.747
Medical Assistance Program 93.778
Such expenditures are recognized following, as applicable, the cost principles in OMB A-87 or the
cost principles contained in Uniform Guidance, wherein certain types of expenditures are not
allowable or are limited as to reimbursement. Negative amounts shown on the Schedule, if any,
represent adjustments or credits made in the normal course of business to amounts reported as
expenditures in prior years. Therefore, some amounts presented in the Schedule may differ from
amounts presented in, or used in the preparation of, the basic financial statements or reports to federal
agencies.
De Minimis Rate Used: Y
Rate Explanation: The City has elected to use the 10 percent de minimis indirect cost rate allowed under the Uniform
Guidance, except for the following Assistance Listing Numbers (16.575, 16.582, 16.753, 17.207,
17.258, 17.259, 17.268, 17.277, 17.278, 21.027, 66.605, 66.818, 93.069, 93.136, 93.243, 93.268,
93.354, 93.566, 93.914, 93.994) which elected to use a rate agreed on through the grant agreement or
interagency agreement.
The City has certain revolving loan funds, which were originally financed with federal financial
assistance through the programs listed below. However, these programs either are not part of a federal
loan or loan guarantee program or have no continuing compliance requirements other than continued
loan payments, therefore, the outstanding loan balances have not been included in the accompanying
Schedule of Expenditures of Federal Awards and major program determination:
Neighborhood Development Loans:
14.218 - Community Development Block Grants/Entitlement Grants $16,263,305
Total Neighborhood Development Loans 16,263,305
Economic Development Loans:
14.Unknown 2,796,674
14.218 - Community Development Block Grants/Entitlement Grants 5,963,585
Total Economic Development Loans 8,760,259
Section 108 Loans:
14.248 - Community Development Block Grants_ Section 108 Loan Guarantees 135,181
Total Section 108 Loans 135,181
Housing Development Loans:
14.Unknown 174,814,869
14.218 - Community Development Block Grants/Entitlement Grants 7,948,735
14.239 - Home Investment Partnerships Program 72,186,784
14.241 - Housing Opportunities for Persons with AIDS 980,000
14.256 - Neighborhood Stabilization Program (Recovery Act Funded) 11,394,207
Total Housing Development Loans 267,324,595
Total Loans: 292,483,340
Total Notes Receivable 292,483,340
Less Allowances
Delinquent Loans (11,769,169)
Forgivable Loans (157,94 7,294)
Loans Receivable, Net 122,766,877
Title: Revolving Loan Funds – Subject to Further Compliance
Accounting Policies: The City’s summary of significant accounting policies is presented in Note 1 in the City’s basic financial statements. Governmental funds and proprietary funds account for the City’s federal grant activity. Amounts reported in the Schedule for governmental funds are recognized on the modified accrual basis when they become a demand on current available federal resources and other program requirements are met. Available means collectible within the current period, or soon enough thereafter, to pay liabilities of the current period or when matured. The City considers grant revenue as available if it is expected to be collected within one year and all eligibility requirements are met. Amounts reported in the Schedule for proprietary funds are recognized on the accrual basis at the time liabilities are incurred.
Expenditures reported by the City for Assistance Listing Number 97.036, Disaster Grants-Public Assistance (Presidentially Declared Disasters), are recorded when the estimated federal obligation is determined and reimbursed.
Certain federal award programs are administered through the Colorado Department of Human Services (CDHS); CDHS reports information for these programs on the cash basis. As a result, these programs, as listed below, are reported in the City's Schedule of Expenditures of Federal Awards on the cash basis:Supplemental Nutrition Assistance Program (SNAP) 10.551
State Administrative Matching Grants for the Supplemental Nutrition Assistance
Program 10.561
COVID-19 - Coronavirus State and Local Fiscal Recovery Funds (Passed through
Colorado Department of Human Services only) 21.027
Guardianship Assistance 93.090
Title IV-E Kinship Navigator Program 93.471
Title IV-E Prevention Program 93.472
MaryLee Allen Promoting Safe and Stable Families Program 93.556
Temporary Assistance for Needy Families (TANF) 93.558
Child Support Enforcement 93.563
Low-Income Home Energy Assistance (LIHEAP) 93.568
Child Care and Development Block Grant (CCDBG) 93.575
Child Care Mandatory and Matching Funds of the Child Care and Development Fund 93.596
Stephanie Tubbs Jones Child Welfare Services Program 93.645
Foster Care Title IV-E 93.658
Adoption Assistance 93.659
Social Services Block Grant 93.667
John H. Chafee Foster Care Program for Successful Transition to Adulthood 93.674
COVID-19 - Elder Abuse Prevention Interventions Program 93.747
Medical Assistance Program 93.778
Such expenditures are recognized following, as applicable, the cost principles in OMB A-87 or the
cost principles contained in Uniform Guidance, wherein certain types of expenditures are not
allowable or are limited as to reimbursement. Negative amounts shown on the Schedule, if any,
represent adjustments or credits made in the normal course of business to amounts reported as
expenditures in prior years. Therefore, some amounts presented in the Schedule may differ from
amounts presented in, or used in the preparation of, the basic financial statements or reports to federal
agencies.
De Minimis Rate Used: Y
Rate Explanation: The City has elected to use the 10 percent de minimis indirect cost rate allowed under the Uniform
Guidance, except for the following Assistance Listing Numbers (16.575, 16.582, 16.753, 17.207,
17.258, 17.259, 17.268, 17.277, 17.278, 21.027, 66.605, 66.818, 93.069, 93.136, 93.243, 93.268,
93.354, 93.566, 93.914, 93.994) which elected to use a rate agreed on through the grant agreement or
interagency agreement.
The City has certain revolving loan funds, which were originally financed with federal financial
assistance through the Community Development Block Grant Section 108 Loan Guarantees program
(Assistance Listing Number 14.248) which are subject to continuing compliance requirements until
project completion and acceptance. There were no outstanding balances subject to continuing
compliance as of December 31, 2024. There were no new loans during 2024; therefore no amounts
have been included in the accompanying Schedule of Expenditures of Federal Awards. The City also
has certain revolving loan funds, which were originally financed from the Department of Commerce,
under Assistance Listing Number 11.307, Economic Adjustment Assistance which are subject to
continuing compliance requirements and included in the Schedule of Expenditures of Federal
Awards. The outstanding loan balance as of December 31, 2024, was $141,770 and the cash and
investment balance in the loan revolving fund was $450,898. There were no expenditures in 2024 for
administrative costs. There were no loan write-offs in 2024. There are no City match requirements.
Title: Indirect Costs
Accounting Policies: The City’s summary of significant accounting policies is presented in Note 1 in the City’s basic financial statements. Governmental funds and proprietary funds account for the City’s federal grant activity. Amounts reported in the Schedule for governmental funds are recognized on the modified accrual basis when they become a demand on current available federal resources and other program requirements are met. Available means collectible within the current period, or soon enough thereafter, to pay liabilities of the current period or when matured. The City considers grant revenue as available if it is expected to be collected within one year and all eligibility requirements are met. Amounts reported in the Schedule for proprietary funds are recognized on the accrual basis at the time liabilities are incurred.
Expenditures reported by the City for Assistance Listing Number 97.036, Disaster Grants-Public Assistance (Presidentially Declared Disasters), are recorded when the estimated federal obligation is determined and reimbursed.
Certain federal award programs are administered through the Colorado Department of Human Services (CDHS); CDHS reports information for these programs on the cash basis. As a result, these programs, as listed below, are reported in the City's Schedule of Expenditures of Federal Awards on the cash basis:Supplemental Nutrition Assistance Program (SNAP) 10.551
State Administrative Matching Grants for the Supplemental Nutrition Assistance
Program 10.561
COVID-19 - Coronavirus State and Local Fiscal Recovery Funds (Passed through
Colorado Department of Human Services only) 21.027
Guardianship Assistance 93.090
Title IV-E Kinship Navigator Program 93.471
Title IV-E Prevention Program 93.472
MaryLee Allen Promoting Safe and Stable Families Program 93.556
Temporary Assistance for Needy Families (TANF) 93.558
Child Support Enforcement 93.563
Low-Income Home Energy Assistance (LIHEAP) 93.568
Child Care and Development Block Grant (CCDBG) 93.575
Child Care Mandatory and Matching Funds of the Child Care and Development Fund 93.596
Stephanie Tubbs Jones Child Welfare Services Program 93.645
Foster Care Title IV-E 93.658
Adoption Assistance 93.659
Social Services Block Grant 93.667
John H. Chafee Foster Care Program for Successful Transition to Adulthood 93.674
COVID-19 - Elder Abuse Prevention Interventions Program 93.747
Medical Assistance Program 93.778
Such expenditures are recognized following, as applicable, the cost principles in OMB A-87 or the
cost principles contained in Uniform Guidance, wherein certain types of expenditures are not
allowable or are limited as to reimbursement. Negative amounts shown on the Schedule, if any,
represent adjustments or credits made in the normal course of business to amounts reported as
expenditures in prior years. Therefore, some amounts presented in the Schedule may differ from
amounts presented in, or used in the preparation of, the basic financial statements or reports to federal
agencies.
De Minimis Rate Used: Y
Rate Explanation: The City has elected to use the 10 percent de minimis indirect cost rate allowed under the Uniform
Guidance, except for the following Assistance Listing Numbers (16.575, 16.582, 16.753, 17.207,
17.258, 17.259, 17.268, 17.277, 17.278, 21.027, 66.605, 66.818, 93.069, 93.136, 93.243, 93.268,
93.354, 93.566, 93.914, 93.994) which elected to use a rate agreed on through the grant agreement or
interagency agreement.
The City has elected to use the 10 percent de minimis indirect cost rate allowed under the Uniform
Guidance, except for the following Assistance Listing Numbers (16.575, 16.582, 16.753, 17.207,
17.258, 17.259, 17.268, 17.277, 17.278, 21.027, 66.605, 66.818, 93.069, 93.136, 93.243, 93.268,
93.354, 93.566, 93.914, 93.994) which elected to use a rate agreed on through the grant agreement or
interagency agreement.
Title: Revolving Loan – Program Income
Accounting Policies: The City’s summary of significant accounting policies is presented in Note 1 in the City’s basic financial statements. Governmental funds and proprietary funds account for the City’s federal grant activity. Amounts reported in the Schedule for governmental funds are recognized on the modified accrual basis when they become a demand on current available federal resources and other program requirements are met. Available means collectible within the current period, or soon enough thereafter, to pay liabilities of the current period or when matured. The City considers grant revenue as available if it is expected to be collected within one year and all eligibility requirements are met. Amounts reported in the Schedule for proprietary funds are recognized on the accrual basis at the time liabilities are incurred.
Expenditures reported by the City for Assistance Listing Number 97.036, Disaster Grants-Public Assistance (Presidentially Declared Disasters), are recorded when the estimated federal obligation is determined and reimbursed.
Certain federal award programs are administered through the Colorado Department of Human Services (CDHS); CDHS reports information for these programs on the cash basis. As a result, these programs, as listed below, are reported in the City's Schedule of Expenditures of Federal Awards on the cash basis:Supplemental Nutrition Assistance Program (SNAP) 10.551
State Administrative Matching Grants for the Supplemental Nutrition Assistance
Program 10.561
COVID-19 - Coronavirus State and Local Fiscal Recovery Funds (Passed through
Colorado Department of Human Services only) 21.027
Guardianship Assistance 93.090
Title IV-E Kinship Navigator Program 93.471
Title IV-E Prevention Program 93.472
MaryLee Allen Promoting Safe and Stable Families Program 93.556
Temporary Assistance for Needy Families (TANF) 93.558
Child Support Enforcement 93.563
Low-Income Home Energy Assistance (LIHEAP) 93.568
Child Care and Development Block Grant (CCDBG) 93.575
Child Care Mandatory and Matching Funds of the Child Care and Development Fund 93.596
Stephanie Tubbs Jones Child Welfare Services Program 93.645
Foster Care Title IV-E 93.658
Adoption Assistance 93.659
Social Services Block Grant 93.667
John H. Chafee Foster Care Program for Successful Transition to Adulthood 93.674
COVID-19 - Elder Abuse Prevention Interventions Program 93.747
Medical Assistance Program 93.778
Such expenditures are recognized following, as applicable, the cost principles in OMB A-87 or the
cost principles contained in Uniform Guidance, wherein certain types of expenditures are not
allowable or are limited as to reimbursement. Negative amounts shown on the Schedule, if any,
represent adjustments or credits made in the normal course of business to amounts reported as
expenditures in prior years. Therefore, some amounts presented in the Schedule may differ from
amounts presented in, or used in the preparation of, the basic financial statements or reports to federal
agencies.
De Minimis Rate Used: Y
Rate Explanation: The City has elected to use the 10 percent de minimis indirect cost rate allowed under the Uniform
Guidance, except for the following Assistance Listing Numbers (16.575, 16.582, 16.753, 17.207,
17.258, 17.259, 17.268, 17.277, 17.278, 21.027, 66.605, 66.818, 93.069, 93.136, 93.243, 93.268,
93.354, 93.566, 93.914, 93.994) which elected to use a rate agreed on through the grant agreement or
interagency agreement.
The City has a revolving loan program for low income housing development and renovation. Under
this federal program, repayments to the City are considered program revenues (income) and loans of
such funds to eligible recipients are considered expenditures. The amount of principal and interest
received in loan repayments for the year was $360,824. The City also has a revolving loan program
for small businesses and economic development. The amount of principal and interest received in
loan repayments for the year was $1,453,868.
Title: Program Costs
Accounting Policies: The City’s summary of significant accounting policies is presented in Note 1 in the City’s basic financial statements. Governmental funds and proprietary funds account for the City’s federal grant activity. Amounts reported in the Schedule for governmental funds are recognized on the modified accrual basis when they become a demand on current available federal resources and other program requirements are met. Available means collectible within the current period, or soon enough thereafter, to pay liabilities of the current period or when matured. The City considers grant revenue as available if it is expected to be collected within one year and all eligibility requirements are met. Amounts reported in the Schedule for proprietary funds are recognized on the accrual basis at the time liabilities are incurred.
Expenditures reported by the City for Assistance Listing Number 97.036, Disaster Grants-Public Assistance (Presidentially Declared Disasters), are recorded when the estimated federal obligation is determined and reimbursed.
Certain federal award programs are administered through the Colorado Department of Human Services (CDHS); CDHS reports information for these programs on the cash basis. As a result, these programs, as listed below, are reported in the City's Schedule of Expenditures of Federal Awards on the cash basis:Supplemental Nutrition Assistance Program (SNAP) 10.551
State Administrative Matching Grants for the Supplemental Nutrition Assistance
Program 10.561
COVID-19 - Coronavirus State and Local Fiscal Recovery Funds (Passed through
Colorado Department of Human Services only) 21.027
Guardianship Assistance 93.090
Title IV-E Kinship Navigator Program 93.471
Title IV-E Prevention Program 93.472
MaryLee Allen Promoting Safe and Stable Families Program 93.556
Temporary Assistance for Needy Families (TANF) 93.558
Child Support Enforcement 93.563
Low-Income Home Energy Assistance (LIHEAP) 93.568
Child Care and Development Block Grant (CCDBG) 93.575
Child Care Mandatory and Matching Funds of the Child Care and Development Fund 93.596
Stephanie Tubbs Jones Child Welfare Services Program 93.645
Foster Care Title IV-E 93.658
Adoption Assistance 93.659
Social Services Block Grant 93.667
John H. Chafee Foster Care Program for Successful Transition to Adulthood 93.674
COVID-19 - Elder Abuse Prevention Interventions Program 93.747
Medical Assistance Program 93.778
Such expenditures are recognized following, as applicable, the cost principles in OMB A-87 or the
cost principles contained in Uniform Guidance, wherein certain types of expenditures are not
allowable or are limited as to reimbursement. Negative amounts shown on the Schedule, if any,
represent adjustments or credits made in the normal course of business to amounts reported as
expenditures in prior years. Therefore, some amounts presented in the Schedule may differ from
amounts presented in, or used in the preparation of, the basic financial statements or reports to federal
agencies.
De Minimis Rate Used: Y
Rate Explanation: The City has elected to use the 10 percent de minimis indirect cost rate allowed under the Uniform
Guidance, except for the following Assistance Listing Numbers (16.575, 16.582, 16.753, 17.207,
17.258, 17.259, 17.268, 17.277, 17.278, 21.027, 66.605, 66.818, 93.069, 93.136, 93.243, 93.268,
93.354, 93.566, 93.914, 93.994) which elected to use a rate agreed on through the grant agreement or
interagency agreement.
The amounts shown as current year expenditures represent only the federal grant portion of the
program costs. Entire program costs, including the City's portion, are more than shown. Such
expenditures are recognized following, as applicable, the Uniform Guidance, wherein certain types
of expenditures are not allowable or are limited as to reimbursement.
Title: Recognition of Prior Year Expenses
Accounting Policies: The City’s summary of significant accounting policies is presented in Note 1 in the City’s basic financial statements. Governmental funds and proprietary funds account for the City’s federal grant activity. Amounts reported in the Schedule for governmental funds are recognized on the modified accrual basis when they become a demand on current available federal resources and other program requirements are met. Available means collectible within the current period, or soon enough thereafter, to pay liabilities of the current period or when matured. The City considers grant revenue as available if it is expected to be collected within one year and all eligibility requirements are met. Amounts reported in the Schedule for proprietary funds are recognized on the accrual basis at the time liabilities are incurred.
Expenditures reported by the City for Assistance Listing Number 97.036, Disaster Grants-Public Assistance (Presidentially Declared Disasters), are recorded when the estimated federal obligation is determined and reimbursed.
Certain federal award programs are administered through the Colorado Department of Human Services (CDHS); CDHS reports information for these programs on the cash basis. As a result, these programs, as listed below, are reported in the City's Schedule of Expenditures of Federal Awards on the cash basis:Supplemental Nutrition Assistance Program (SNAP) 10.551
State Administrative Matching Grants for the Supplemental Nutrition Assistance
Program 10.561
COVID-19 - Coronavirus State and Local Fiscal Recovery Funds (Passed through
Colorado Department of Human Services only) 21.027
Guardianship Assistance 93.090
Title IV-E Kinship Navigator Program 93.471
Title IV-E Prevention Program 93.472
MaryLee Allen Promoting Safe and Stable Families Program 93.556
Temporary Assistance for Needy Families (TANF) 93.558
Child Support Enforcement 93.563
Low-Income Home Energy Assistance (LIHEAP) 93.568
Child Care and Development Block Grant (CCDBG) 93.575
Child Care Mandatory and Matching Funds of the Child Care and Development Fund 93.596
Stephanie Tubbs Jones Child Welfare Services Program 93.645
Foster Care Title IV-E 93.658
Adoption Assistance 93.659
Social Services Block Grant 93.667
John H. Chafee Foster Care Program for Successful Transition to Adulthood 93.674
COVID-19 - Elder Abuse Prevention Interventions Program 93.747
Medical Assistance Program 93.778
Such expenditures are recognized following, as applicable, the cost principles in OMB A-87 or the
cost principles contained in Uniform Guidance, wherein certain types of expenditures are not
allowable or are limited as to reimbursement. Negative amounts shown on the Schedule, if any,
represent adjustments or credits made in the normal course of business to amounts reported as
expenditures in prior years. Therefore, some amounts presented in the Schedule may differ from
amounts presented in, or used in the preparation of, the basic financial statements or reports to federal
agencies.
De Minimis Rate Used: Y
Rate Explanation: The City has elected to use the 10 percent de minimis indirect cost rate allowed under the Uniform
Guidance, except for the following Assistance Listing Numbers (16.575, 16.582, 16.753, 17.207,
17.258, 17.259, 17.268, 17.277, 17.278, 21.027, 66.605, 66.818, 93.069, 93.136, 93.243, 93.268,
93.354, 93.566, 93.914, 93.994) which elected to use a rate agreed on through the grant agreement or
interagency agreement.
The City incurred eligible expenditures in a prior year which were approved by the United States
Department of Transportation (DOT) and the United States Department of Homeland Security (DHS)
Federal Emergency Management Agency (FEMA). The City recorded the following eligible
expenditures in the 2024 Schedule of Expenditures of Federal Awards:
Federal Agency Assistance
Listing Number
Total Federal
Expenditures
Year Expenditure
Incurred
United States Department of
Transportation (DOT) 20.500 7,894,330 2021
United States Department of
Transportation (DOT) 20.507 2,864,433 2022-2023
United States Department of
Homeland Security (DHS)
Federal Emergency Management
Agency (FEMA)
97.024 2,895,640 2022-2023
United States Department of
Homeland Security (DHS)
Federal Emergency Management
Agency (FEMA)
97.036 48,814,183 2020-2022
United States Department of
Homeland Security (DHS)
Federal Emergency Management
Agency (FEMA)
97.141 391,802 2023
Title: Contingent Liabilities
Accounting Policies: The City’s summary of significant accounting policies is presented in Note 1 in the City’s basic financial statements. Governmental funds and proprietary funds account for the City’s federal grant activity. Amounts reported in the Schedule for governmental funds are recognized on the modified accrual basis when they become a demand on current available federal resources and other program requirements are met. Available means collectible within the current period, or soon enough thereafter, to pay liabilities of the current period or when matured. The City considers grant revenue as available if it is expected to be collected within one year and all eligibility requirements are met. Amounts reported in the Schedule for proprietary funds are recognized on the accrual basis at the time liabilities are incurred.
Expenditures reported by the City for Assistance Listing Number 97.036, Disaster Grants-Public Assistance (Presidentially Declared Disasters), are recorded when the estimated federal obligation is determined and reimbursed.
Certain federal award programs are administered through the Colorado Department of Human Services (CDHS); CDHS reports information for these programs on the cash basis. As a result, these programs, as listed below, are reported in the City's Schedule of Expenditures of Federal Awards on the cash basis:Supplemental Nutrition Assistance Program (SNAP) 10.551
State Administrative Matching Grants for the Supplemental Nutrition Assistance
Program 10.561
COVID-19 - Coronavirus State and Local Fiscal Recovery Funds (Passed through
Colorado Department of Human Services only) 21.027
Guardianship Assistance 93.090
Title IV-E Kinship Navigator Program 93.471
Title IV-E Prevention Program 93.472
MaryLee Allen Promoting Safe and Stable Families Program 93.556
Temporary Assistance for Needy Families (TANF) 93.558
Child Support Enforcement 93.563
Low-Income Home Energy Assistance (LIHEAP) 93.568
Child Care and Development Block Grant (CCDBG) 93.575
Child Care Mandatory and Matching Funds of the Child Care and Development Fund 93.596
Stephanie Tubbs Jones Child Welfare Services Program 93.645
Foster Care Title IV-E 93.658
Adoption Assistance 93.659
Social Services Block Grant 93.667
John H. Chafee Foster Care Program for Successful Transition to Adulthood 93.674
COVID-19 - Elder Abuse Prevention Interventions Program 93.747
Medical Assistance Program 93.778
Such expenditures are recognized following, as applicable, the cost principles in OMB A-87 or the
cost principles contained in Uniform Guidance, wherein certain types of expenditures are not
allowable or are limited as to reimbursement. Negative amounts shown on the Schedule, if any,
represent adjustments or credits made in the normal course of business to amounts reported as
expenditures in prior years. Therefore, some amounts presented in the Schedule may differ from
amounts presented in, or used in the preparation of, the basic financial statements or reports to federal
agencies.
De Minimis Rate Used: Y
Rate Explanation: The City has elected to use the 10 percent de minimis indirect cost rate allowed under the Uniform
Guidance, except for the following Assistance Listing Numbers (16.575, 16.582, 16.753, 17.207,
17.258, 17.259, 17.268, 17.277, 17.278, 21.027, 66.605, 66.818, 93.069, 93.136, 93.243, 93.268,
93.354, 93.566, 93.914, 93.994) which elected to use a rate agreed on through the grant agreement or
interagency agreement.
Although the Schedule of Expenditures of Federal Awards is prepared to the best of the City's
knowledge and belief, amounts received or receivable from grantor agencies are subject to audit and
adjustment by the grantor agencies, principally the federal government. Any disallowed claims,
including the amount already collected, may constitute a liability of the applicable funds. The amount
of expenditures which may be disallowed by the grantor, if any, cannot be determined at this time.