Notes to SEFA
All federal financial award programs of the City of Rogers, Arkansas (the City) are included in the scope of the Uniform Guidance audit. For purposes of the Schedule of Expenditures of Federal Awards (the SEFA), federal awards include those received from other agencies, the original source of which was a federal agency.
The City’s grant funds are accounted for on the modified cash basis of accounting. Under the modified cash basis, grant revenues are recognized when received and expenditures are recorded when paid. These grant funds are included in the “Contributions, donations, and grants” line of the Statement of Revenues, Expenditures, and Changes in Fund Balance – Regulatory Basis. The City is the recipient of federal and state grant awards. The grant programs are administered by various departments within the City. The activities of these departments are monitored by City staff to ensure compliance with the requirements of grants.
Grant expenditures reports as of December 31, 2025, which have been submitted to grantor agencies will, in some cases, differ slightly from amounts disclosed herein. The reports prepared for grantor agencies are typically prepared at a later date and often reflect refined estimates of the year-end accruals. The reports will agree at termination of the grant as the discrepancies noted are timing differences.
The City has elected not to use the 15% de minimis indirect cost rate allowed under the Uniform Guidance.
Of the federal expenditures presented in the SEFA, the City provided federal awards to sub-recipients as follows: Program Title CFDA Number Sub-recipient Amount Community Development Block Grant 14.218 Micah 6:8 Initiative $ 7,000 Nicole's House 7 ,000 Adult Development Center of Benton County, Inc. dba Open Avenues 10,000 $ 24,000 Coronavirus State and Local Fiscal Recovery Funds 21.027 Excellerate Foundation dba UpSkill $ 97,055