Title: Summary of Significant Accounting Policies
Accounting Policies: The accounting policies and presentation of the Schedule of Expenditures of Federal Awards of the City of Starke, Florida have been designed to conform to generally accepted accounting principles as applicable to governmental units, including the reporting and compliance requirements of the Audits of States, Local Governments, and NonProfit Organizations and Office of Management and Budget Uniform Guidance. The accompanying Schedule of Expenditures of Federal Awards includes the federal award activity of the City of Starke, Florida, and is presented on the accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards and Chapter 10.550, Rules of the State of Florida, Office of the Auditor General. Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of, the financial statements.
De Minimis Rate Used: N
Rate Explanation: No indirect cost rates were used.
The accounting policies and presentation of the Schedule of Expenditures of Federal Awards of the City of Starke, Florida have been designed to conform to generally accepted accounting principles as applicable to governmental units, including the reporting and compliance requirements of the Audits of States, Local Governments, and NonProfit Organizations and Office of Management and Budget Uniform Guidance.
Title: Basis of Accounting
Accounting Policies: The accounting policies and presentation of the Schedule of Expenditures of Federal Awards of the City of Starke, Florida have been designed to conform to generally accepted accounting principles as applicable to governmental units, including the reporting and compliance requirements of the Audits of States, Local Governments, and NonProfit Organizations and Office of Management and Budget Uniform Guidance. The accompanying Schedule of Expenditures of Federal Awards includes the federal award activity of the City of Starke, Florida, and is presented on the accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards and Chapter 10.550, Rules of the State of Florida, Office of the Auditor General. Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of, the financial statements.
De Minimis Rate Used: N
Rate Explanation: No indirect cost rates were used.
The accompanying Schedule of Expenditures of Federal Awards includes the federal award activity of the City of Starke, Florida, and is presented on the accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards and Chapter 10.550, Rules of the State of Florida, Office of the Auditor General. Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of, the financial statements.
Title: Indirect Cost Rate
Accounting Policies: The accounting policies and presentation of the Schedule of Expenditures of Federal Awards of the City of Starke, Florida have been designed to conform to generally accepted accounting principles as applicable to governmental units, including the reporting and compliance requirements of the Audits of States, Local Governments, and NonProfit Organizations and Office of Management and Budget Uniform Guidance. The accompanying Schedule of Expenditures of Federal Awards includes the federal award activity of the City of Starke, Florida, and is presented on the accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards and Chapter 10.550, Rules of the State of Florida, Office of the Auditor General. Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of, the financial statements.
De Minimis Rate Used: N
Rate Explanation: No indirect cost rates were used.
The City did not elect to use the 10% de minimis cost rate.
Title: Subrecipients
Accounting Policies: The accounting policies and presentation of the Schedule of Expenditures of Federal Awards of the City of Starke, Florida have been designed to conform to generally accepted accounting principles as applicable to governmental units, including the reporting and compliance requirements of the Audits of States, Local Governments, and NonProfit Organizations and Office of Management and Budget Uniform Guidance. The accompanying Schedule of Expenditures of Federal Awards includes the federal award activity of the City of Starke, Florida, and is presented on the accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards and Chapter 10.550, Rules of the State of Florida, Office of the Auditor General. Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of, the financial statements.
De Minimis Rate Used: N
Rate Explanation: No indirect cost rates were used.
No federal awards were provided to subrecipients.
Title: Schedule of Findings and Questioned Costs
Accounting Policies: The accounting policies and presentation of the Schedule of Expenditures of Federal Awards of the City of Starke, Florida have been designed to conform to generally accepted accounting principles as applicable to governmental units, including the reporting and compliance requirements of the Audits of States, Local Governments, and NonProfit Organizations and Office of Management and Budget Uniform Guidance. The accompanying Schedule of Expenditures of Federal Awards includes the federal award activity of the City of Starke, Florida, and is presented on the accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards and Chapter 10.550, Rules of the State of Florida, Office of the Auditor General. Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of, the financial statements.
De Minimis Rate Used: N
Rate Explanation: No indirect cost rates were used.
The schedule of findings and questioned costs as required by 2 CFR § 200.516 is presented in the other reports section below.