The financial reporting entity consists of the primary government, City of Salinas (the “City”), organizations for which the primary government is financially accountable, and other organizations for which the nature and significance of their relationship with the primary government are such that exclusion would cause the reporting entity’s financial statements to be misleading or incomplete. The City Council acts as the governing body and is able to impose its will on the following organizations, establishing financial accountability: The Salinas Public Financing Authority
Funds received under the various grant programs have been recorded within the general fund and special revenue funds of the City. The City utilizes the modified accrual method of accounting for the general fund and special revenue funds. The accompanying Schedule of Expenditures of Federal Awards (the “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). Therefore, some amounts presented in the schedule may differ from amounts presented in, or used in, the preparation of the City’s basic financial statements.
The accompanying Schedule presents the activity of all federal financial assistance programs of the City. Federal financial assistance received directly from federal agencies as well as federal financial assistance passed through the State of California are included in the Schedule. The Schedule was prepared from only the accounts of various grant programs and, therefore, does not present the financial position, change in net position or fund balance, or results of operations and cash flows of the City.
The City has elected not to use the 10% de minimis indirect cost rate as allowed under the Uniform Guidance.
Under the terms of federal and state grants, additional audits may be requested by the grantor agencies, and certain costs may be questioned as not being appropriate expenditures under the terms of the grants. Such audits could lead to a request for reimbursement to the grantor agencies.
During the fiscal year ended June 30, 2024, amounts provided to subrecipients were the following: Amount Provided Program Name / Subrecipient Name to Subrecipients U.S. Department of Housing and Urban Development Office of Community Planning and Development Community Development Entitlement Grant Program Special Programs Interim-Mental Health Wellness $ 444,557 Eden Council Hope & Opportunity 75,000 Methodist Church 91,263 Total AL No. 14.218 610,820 U.S. Department of Housing and Urban Development Emergency Solutions Grants Program Special Programs Community Homeless Solutions 116,165 Central Coast Center for Independent Living 21,615 Total for AL No. 14.231 137,780 Home Investments Partnership Program Special Programs Multi Family Housing 19,151 Total for CFDA No. 14.239 19,151 Total subrecipients for U.S. Department of Housing and Urban Development 767,751 U.S. Department of Justice Bureau of Justice Assistance Edward Byrne Memorial Justice Assistance Grant Program Monterey Co-Sheriff's Office 17,850 Monterey Co-District Attorney's Office 20,153 Total for AL No. 16.738 38,003 Bay Area Community Services 394,448 Multi Family Housing 3,817,417 Downtown Street Team 253,722 Total for AL No. 21.027 4,465,587 Total all subrecipient awards $ 5,271,341