Notes to SEFA
Title: Note 4
Accounting Policies: The Schedule of Expenditures of Federal Awards is prepared on the modified accrual basis of accounting. The information in this schedule is presented in accordance with both OMB Circular A-133, Audits of States, Local Governments, and Nonprofit Organizations and the OMBs Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards, when applicable. Therefore, some amounts presented in this schedule may differ from the amounts presented in, or used in the preparation of,the Citys basic financial statements. Unless noted in the table above, all pass-through entities use the same federal Assistance Listing Numbers (ALN) as the federal grantors to identify these grants, and have not assigned any additional identifying numbers.
De Minimis Rate Used: Y
Rate Explanation: The City has elected to use the 10 percent de minimis indirect cost rate.
As part of its Section 8 Housing Choice Vouchers Program, the City administered portable vouchers totaling $1,190,250 and related administration fees totaling $80,384 as thereceiving public housing authority (PHA) for various other initial PHAs throughout the United States. The City does not consider these amounts received from the initial PHAs to be subrecipient payments, and therefore are excluded from the Section 8 Housing Choice Vouchers Program amount on the previous page.
Title: Note 5
Accounting Policies: The Schedule of Expenditures of Federal Awards is prepared on the modified accrual basis of accounting. The information in this schedule is presented in accordance with both OMB Circular A-133, Audits of States, Local Governments, and Nonprofit Organizations and the OMBs Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards, when applicable. Therefore, some amounts presented in this schedule may differ from the amounts presented in, or used in the preparation of,the Citys basic financial statements. Unless noted in the table above, all pass-through entities use the same federal Assistance Listing Numbers (ALN) as the federal grantors to identify these grants, and have not assigned any additional identifying numbers.
De Minimis Rate Used: Y
Rate Explanation: The City has elected to use the 10 percent de minimis indirect cost rate.
Unaudited Disclosure - The City received donated personal protective equipment (PPE) with an estimated value of less than $1,000. The City was unable to determine whether federal dollars were used to purchase the donated PPE.