Notes to SEFA
Title: Note 3.
Accounting Policies: The accompanying schedule of expenditures of federal and state awards has been prepared on the modified accrualbasis, which is described in Note 1 of the Citys basic financial statements. The information in this schedule ispresented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations Part 200, UniformAdministrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance)and the State Single Audit Implementation Act. Therefore, amounts presented in this schedule will frequentlydiffer from amounts presented in, or used in the preparation of the financial statements.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
Federal and State awards have been passed through to subrecipients as follows for the year ended June 30, 2022:Program Title Number AmountTransportation Planning 20.505 $ 65,350COVID - 19 - Coronavirus State and Local 21.027 $ 2 ,999,833Fiscal Recovery Funds