Title: Loan/loan guarantee outstanding balances
Accounting Policies: Note 1.Basis of Presentation. The accompanying schedule of expenditures of federal awards includes the federal grant activity of the City of Springfield, Missouri (the City) for the year ended June 30, 2022 and is presented on the accrual basis of accounting. The schedule of expenditures of federal awards does not include the federal grant activity of the City Utilities, the discretely presented component unit of the City. All federal awards received by the City directly from federal agencies, as well as federal awards passed through other governmental agencies are included in the schedule. 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). Therefore, some amounts presented in the schedule may differ from the amounts presented in or used in the preparation of the basic financial statements. Because the schedule 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.Significant Accounting Policies Expenditures of federal awards are recognized in the accounting period when the liability is incurred and approved for reimbursement and reported on the schedule on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
COMMUNITY DEVELOPMENT BLOCK GRANTS/ENTITLEMENT GRANTS (14.218) - Balances outstanding at the end of the audit period were 15379452. HOME INVESTMENT PARTNERSHIPS PROGRAM (14.239) - Balances outstanding at the end of the audit period were 24078951. BROWNFIELDS ASSESSMENT AND CLEANUP COOPERATIVE AGREEMENTS (66.818) - Balances outstanding at the end of the audit period were 300000.
Title: Local Government Contributions
Accounting Policies: Note 1.Basis of Presentation. The accompanying schedule of expenditures of federal awards includes the federal grant activity of the City of Springfield, Missouri (the City) for the year ended June 30, 2022 and is presented on the accrual basis of accounting. The schedule of expenditures of federal awards does not include the federal grant activity of the City Utilities, the discretely presented component unit of the City. All federal awards received by the City directly from federal agencies, as well as federal awards passed through other governmental agencies are included in the schedule. 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). Therefore, some amounts presented in the schedule may differ from the amounts presented in or used in the preparation of the basic financial statements. Because the schedule 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.Significant Accounting Policies Expenditures of federal awards are recognized in the accounting period when the liability is incurred and approved for reimbursement and reported on the schedule on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
Local cost-sharing is required by certain federal grants. Tha amount of cost-sharing varies by program. Only the federal share of expenditures is presented in the schedule.
Title: Federal expenditures for modot and green county managed projects
Accounting Policies: Note 1.Basis of Presentation. The accompanying schedule of expenditures of federal awards includes the federal grant activity of the City of Springfield, Missouri (the City) for the year ended June 30, 2022 and is presented on the accrual basis of accounting. The schedule of expenditures of federal awards does not include the federal grant activity of the City Utilities, the discretely presented component unit of the City. All federal awards received by the City directly from federal agencies, as well as federal awards passed through other governmental agencies are included in the schedule. 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). Therefore, some amounts presented in the schedule may differ from the amounts presented in or used in the preparation of the basic financial statements. Because the schedule 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.Significant Accounting Policies Expenditures of federal awards are recognized in the accounting period when the liability is incurred and approved for reimbursement and reported on the schedule on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
FederalAssistanceListingGrant/ContractFederalFederal Grantor/Pass-Through Grantor/Program TitleNumberNumberExpendituresU.S. Department of TransportationHighway Planning and Construction:Passed through the Missouri Highways and Transportation Commission:Kansas Expressway Extension South of Republic Road (1)20.2052016-0223 $14,447 Kansas Expressway Extension South of Republic Road (1)20.2052018-1423 488,342 Kansas Expressway & Sunset Intersection Improvement (2)20.2058P3087E (2019-08-52805) 2,630 Kansas Expressway & Walnut Lawn Intersection (2)20.2058P3087F (2019-08-52807) 772 West Bypass & Kearney Intersection Improvements (2)20.2058P3087D (2019-1254) 262,292 Highway 13 North Corridor Study (3)20.2052021-0800 43,007 Glenstone Sidewalks - Valley Water Mill to James River Freeway (2)20.2058S3160 30,197 $841,687