Title: NOTE 5 LOAN AND LOAN GUARANTEE PROGRAMS
Accounting Policies: NOTE 1 BASIS OF PRESENTATIONThe accompanying schedule of expenditures of federal awards (the Schedule) includes the federal grantactivity of the City under programs of the federal government for the year ended February 28, 2022. Theinformation in this Schedule is presented in accordance with the requirements of Uniform Guidance,Audits of States, Local Governments, and Non-Profit Organizations. Because the Schedule presents onlya selected portion of the operations of the City, it is not intended to and does not present the financialposition, changes in net position, or cash flows of the City.
De Minimis Rate Used: Y
Rate Explanation: The auditee used the de minimis cost rate.
Under the Community Development Block Grant program (CFDA 14.218), the City of Springfieldadministers loan programs which are accounted for in the Community Development Fund, a specialrevenue fund. As of February 28, 2022, the loans outstanding under these programs total $105,621.
Title: NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Accounting Policies: NOTE 1 BASIS OF PRESENTATIONThe accompanying schedule of expenditures of federal awards (the Schedule) includes the federal grantactivity of the City under programs of the federal government for the year ended February 28, 2022. Theinformation in this Schedule is presented in accordance with the requirements of Uniform Guidance,Audits of States, Local Governments, and Non-Profit Organizations. Because the Schedule presents onlya selected portion of the operations of the City, it is not intended to and does not present the financialposition, changes in net position, or cash flows of the City.
De Minimis Rate Used: Y
Rate Explanation: The auditee used the de minimis cost rate.
ExpendituresExpenditures reported on the Schedule are reported on the accrual basis of accounting.Pass-Through EntitiesPass-through entity identifying numbers are presented on the Schedule where available.
Title: NOTE 4 - SUBRECIPIENT RELATIONSHIPS
Accounting Policies: NOTE 1 BASIS OF PRESENTATIONThe accompanying schedule of expenditures of federal awards (the Schedule) includes the federal grantactivity of the City under programs of the federal government for the year ended February 28, 2022. Theinformation in this Schedule is presented in accordance with the requirements of Uniform Guidance,Audits of States, Local Governments, and Non-Profit Organizations. Because the Schedule presents onlya selected portion of the operations of the City, it is not intended to and does not present the financialposition, changes in net position, or cash flows of the City.
De Minimis Rate Used: Y
Rate Explanation: The auditee used the de minimis cost rate.
NOTE 4 SUBRECIPIENT RELATIONSHIPSThe City of Springfield Provided CFDA #14.218 Community Development Block Grants/EntitlementGrants to the following subrecipients:CFDA #Additional AwardNumber Subrecipient NameAmountPassedThrough toSubrecipient14.218 B-18-MC-17-0023 LAND OF LINCOLN GOODWILL 10,00014.218 B-19-MC-17-0023 FIFTH STREET RENAISSANCE 6,53114.218 B-19-MC-17-0023SPRINGFIELD CENTER FOR INDEPENDENTLIVING, INC. 3,86014.218 B-19-MC-17-0023 THE PHOENIX COMMUNITY CENTER 9,81514.218 B-19-MC-17-0023 M.E.R.C.Y. COMMUNITIES INC 20,00014.218 B-20-MC-17-0023 THE SPRINGFIELD PROJECT 110,11214.218 B-21-MC-17-0023 FIFTH STREET RENAISSANCE 7,49714.218 B-21-MC-17-0023SPRINGFIELD CENTER FOR INDEPENDENTLIVING, INC. 5,00014.218 B-21-MC-17-0023 The Salvation Army 128,00314.218 B-21-MC-17-0023 United Way of Central Illinois, Inc 42,50014.218 B-20-MW-17-0023 Compass for Kids Inc 36,11914.218 B-20-MW-17-0023 SPRINGFIELD PARK DIST 37,530The City of Springfield provided CFDA #16.378 Edward Byrne Memorial Justice Assistance GrantProgram (Additional Award ID: 2019-DJ-BX-0436) to the Sangamon County Sheriffs Department in theamount of $11,995.