Audit 43376

Title: Loan/loan guarantee outstanding balances Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards (the "Schedule") is a supplementary schedule to the City of Dallas, Georgia's financial statements and is presented for the purpose of additional analysis. The Schedule is required by the Office of Management and Budget (0MB) Uniform Guidance: Title 2 U.S Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal awards. The Schedule includes the federal award activity of the City of Dallas, Georgia under programs of the federal government for the fiscal year ended June 30, 2022. The City's reporting entity is defined in Note 1 of the City's financial statements. The information in this Schedule is presented in accordance with the requirements of Uniform Guidance. Because the Schedule presents only a selected portion of the operations of the City of Dallas, Georgia, it is not intended to and does not present the financial position, changes in net assets, or cash flows of the City of Dallas, Georgia. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate. CAPITALIZATION GRANTS FOR CLEAN WATER STATE REVOLVING FUNDS (66.458) - Balances outstanding at the end of the audit period were 17675644.