Title: NOTE 1 - BASIS OF PRESENTATION
Accounting Policies: Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures
are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of
expenditures are not allowable or are limited as to reimbursement. Negative amounts shown on the
Schedule represent adjustments or credits made in the normal course of business to amounts reported as
expenditures in prior years. The Organization has elected not to use the 10-percent de minimus indirect
cost rate as allowed under the Uniform Guidance.
De Minimis Rate Used: N
Rate Explanation: The Organization has elected not to use the 10-percent de minimus indirect cost rate as allowed under the Uniform Guidance.
The accompanying schedule of expenditures of federal awards (the “Schedule”) includes the federal award
activity of Workforce Solutions Greater Dallas (the Organization) under programs of the federal government
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 Organization, it is not intended to
and does not present the financial position, changes in net assets, or cash flows of the Organization. The
Organization’s accounting policies and procedures are defined in Note 1 to the financial statements.
Primarily, all federal awards are passed through from other government agencies and have been included
in the Schedule.
Title: NOTE 2 - BASIS OF ACCOUNTING AND COST PRINCIPALS BEING FOLLOWED
Accounting Policies: Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures
are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of
expenditures are not allowable or are limited as to reimbursement. Negative amounts shown on the
Schedule represent adjustments or credits made in the normal course of business to amounts reported as
expenditures in prior years. The Organization has elected not to use the 10-percent de minimus indirect
cost rate as allowed under the Uniform Guidance.
De Minimis Rate Used: N
Rate Explanation: The Organization has elected not to use the 10-percent de minimus indirect cost rate as allowed under the Uniform Guidance.
Revenues are recorded when earned. Such funds are generally considered to be earned to the extent of
expenditures made in accordance with provisions of the grant agreements. Funds received but not earned
are recorded as deferred revenues until earned, and expenses made for costs not yet reimbursed are
recorded as grants receivable.
Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures
are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of
expenditures are not allowable or are limited as to reimbursement. Negative amounts shown on the
Schedule represent adjustments or credits made in the normal course of business to amounts reported as
expenditures in prior years. The Organization has elected not to use the 10-percent de minimus indirect
cost rate as allowed under the Uniform Guidance.
Title: NOTE 3 - RELATIONSHIP TO FEDERAL FINANCIAL REPORTS
Accounting Policies: Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures
are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of
expenditures are not allowable or are limited as to reimbursement. Negative amounts shown on the
Schedule represent adjustments or credits made in the normal course of business to amounts reported as
expenditures in prior years. The Organization has elected not to use the 10-percent de minimus indirect
cost rate as allowed under the Uniform Guidance.
De Minimis Rate Used: N
Rate Explanation: The Organization has elected not to use the 10-percent de minimus indirect cost rate as allowed under the Uniform Guidance.
Grant expenditure reports as of December 31, 2024, which have been submitted to grantor agencies, will,
in some cases, differ from amounts disclosed herein. The annual report was prepared at a later date and
often reflects refined estimates of the year-end accruals. The reports will agree at termination of the grant
as the discrepancies noted are timing differences.
Title: NOTE 4 - RELATIONSHIP TO FINANCIAL STATEMENTS
Accounting Policies: Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures
are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of
expenditures are not allowable or are limited as to reimbursement. Negative amounts shown on the
Schedule represent adjustments or credits made in the normal course of business to amounts reported as
expenditures in prior years. The Organization has elected not to use the 10-percent de minimus indirect
cost rate as allowed under the Uniform Guidance.
De Minimis Rate Used: N
Rate Explanation: The Organization has elected not to use the 10-percent de minimus indirect cost rate as allowed under the Uniform Guidance.
Federal award revenue from grants and contracts is reconciled to the Organization’s financial statements
as follows:
Federal awards revenue $ 171,856,738
State awards revenue $11,667,268
Nonfederal/nonstate awards revenue/miscellaneous $2,305,434
Income from investments:
Dividends and interest $7,244
Total revenues and other support per financial statements $ 185,836,684 Federal award expenses are reconciled to the Organization’s financial statements as follows:
Expenditures of federal awards $ 171,856,738
Expenditures of state awards 11,667,268
Nonfederal/nonstate awards expense/miscellaneous 2,166,758
Depreciation expense 83,467
Total expenses per financial statements $ 185,774,231
Title: NOTE 5 - SUBRECIPIENTS
Accounting Policies: Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures
are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of
expenditures are not allowable or are limited as to reimbursement. Negative amounts shown on the
Schedule represent adjustments or credits made in the normal course of business to amounts reported as
expenditures in prior years. The Organization has elected not to use the 10-percent de minimus indirect
cost rate as allowed under the Uniform Guidance.
De Minimis Rate Used: N
Rate Explanation: The Organization has elected not to use the 10-percent de minimus indirect cost rate as allowed under the Uniform Guidance.
Of the federal expenditures presented in the Schedule, the Organization provided federal awards to
subrecipients totaling $162,621,444.
Federal awards to subrecipients by program:
Child Care and Development Fund $ 128,213,901
Workforce Innovation and Opportunity Act Cluster 13,161,438
Child Care Local Match 8,658,060
Adult Education and Literacy 5,525,778
Temporary Assistance for Needy Families 4,700,301
Reemployment Services and Eligibility Assessment 1,265,934
Supplemental Nutrition Assistance Program 605,709
Wagner-Peyser Employment Services 466,598
Trade Adjustment Assistance 22,172
Other 1,553
Total $ 162,621,444