The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal award activity of the City of Saginaw (the City) under programs of the federal government for the year ended June 30, 2025. 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 financial position, or cash flows of the City.
Governmental funds $ 28,361,238 Proprietary funds 10,264,918 Component units 42,000 Total federal grants per the financial statements 38,668,156 Less: component units federal grants (42,000) Change in deferred inflows 3,127,729 Total federal grants per the schedule $ 41,753,885 The component units federal grant amounts reported on the financial statements represent subrecipient amounts paid to the component units by the City, which are already reported in the total federal expenditures on the schedule.
Of the federal expenditures presented in the Schedule, the City provided federal awards to subrecipients as follows: Governmental funds $ 28,361,238 Proprietary funds 10,264,918 Component units 42,000 Total federal grants per the financial statements 38,668,156 Less: component units federal grants (42,000) Change in deferred inflows 3,127,729 Total federal grants per the schedule $ 41,753,885 Assistance Listing Number Amount 14.218 $ 2,105,756 14.239 408,051 16.582 5,160 16.590 60,990 16.738 277,489 21.027 10,961,107 $ 13,818,553