Notes to SEFA
The accompanying Schedule of Expenditures of Federal and State Awards is presented using the modified accrual basis of accounting. The modified accrual basis of accounting is described in Note I of the basic financial statements. The information in this schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance) and the State of Texas Grant Management Standards (TxGMS). Therefore, some of the amounts presented in this schedule may differ from amounts presented in, or used in the preparation of, the financial statements.
The accompanying Schedule of Expenditures of Federal and State Awards presents the activity of all applicable federal and state awards programs of the City. The City’s reporting entity is defined in Note I of the basic financial statements. Federal awards received directly from federal agencies; state awards received directly from state agencies; as well as awards passed through other government agencies, are included on the Schedule of Expenditures of Federal and State Awards.
None of the Federal or State Programs expended by the City were provided to subrecipients.
The City did not elect to use the de minimis indirect cost rate as allowed in the Uniform Guidance.