Audit 42936

Title: Subrecipients Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards and the Schedule of Expenditures of State Awards include the federal and state grant activity of the City of Whitewater, Wisconsin and are presented on the modified accrual basis of accounting. The information in these schedules 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) and the State Single Audit Guidelines. Therefore, some amounts presented in these schedules may differ from amounts presented in, or used in the preparation of, the basic financial statements. Because the schedules present only a selected portion of the operations of the City of Whitewater, Wisconsin, the schedules are not intended to and does not present the financial position, changes in net position, or cash flows of the City of Whitewater, Wisconsin. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate. The City of Whitewater, Wisconsin did not pass-through any federal or state awards to subrecipients.