Audit 43004

FY End
2022-12-31
Total Expended
$7.71M
Findings
0
Programs
15
Organization: City of Richfield (MN)
Year: 2022 Accepted: 2023-06-28
Auditor: Bergankdv LTD

Organization Exclusion Status:

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Contacts

Name Title Type
MQTLFHPHEKZ1 Kumud Verma Auditee
6128618723 Caroline Stutsman Auditor
No contacts on file

Notes to SEFA

Accounting Policies: NOTE 1 - BASIS OF PRESENTATION: THE ACCOMPANYING SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS (THE "SCHEDULE") INCLUDES TEH FEDERAL AWARD ACTIVITY OF THE CITY UNDER PROGRAMS OF THE FEDERAL GOVERNMENT FOR THE YEAR-ENDED DECEMBER 31, 2022. 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 SCEDULE 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 OF THE CITY. NOTE 2 - PASS THROUGH GRANT NUMBERS: ALL PASS-THROUGH ENTITIES LISTED PREVIOUSLY USE THE SAME ASSISTANCE LISTING NUMBERS AS THE FEDERAL GRANTORS TO IDENTIFY THESE GRANT AND HAVE NOT ASSIGNED ANY ADDITIONAL IDENTIFYING NUMBERS. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate.