Notes to SEFA
The accompanying schedule of expenditures of federal awards (the “Schedule”) includes the federal award activity of the City of Rapid City, South Dakota (the “City”) under programs of the federal government for the year ended December 31, 2025. The accompanying notes are an integral part of this Schedule. 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 position or cash flows, where applicable, of the City of Rapid City, South Dakota.
Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards, wherein certain types of expenditures are not allowable or are limited as to reimbursement. The City has elected not to use the de minimis indirect cost rate allowed under the Uniform Guidance.
The City had the following subrecipients, that includes program income of $38,672. Community Development Block Grants/Entitlement Grants Cluster: Black Hills Works $464,877 Accessible Spaces 84,162 Family Connections Center 77,412 Western SD Community Action 48,848 Volunteers of America 30,631 Behavior Management Systems 23,603 Wellspring 6,279 Black Hills Special Services 3,000 Total funds passed through to subrecipients $738,812