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CITY OF PLEASANTON <br /> NOTES TO THE SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS <br /> For The Year Ended June 30,2016 <br /> NOTE 1-REPORTING ENTITY <br /> The Schedule of Expenditures of Federal Awards(the Schedule)includes expenditures of federal awards for <br /> the City of Pleasanton, California, and its component units as disclosed in the notes to the Basic <br /> Financial Statements. <br /> NOTE 2-SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES <br /> Basis of accounting refers to when revenues and expenditures or expenses are recognized in the accounts <br /> and reported in the financial statements, regardless of the measurement focus applied. All governmental <br /> funds and agency funds are accounted for using the modified accrual basis of accounting. All proprietary <br /> funds are accounted for using the accrual basis of accounting.Expenditures of Federal Awards reported on <br /> the Schedule are recognized when incurred. <br /> NOTE 3—INDIRECT COST ELECTION <br /> The City has elected not to use the 10%de minimis indirect cost rate allowed under the Uniform Guidance. <br /> NOTE 4—HOME INVESTMENT PARTNERSHIPS PROGRAM RECONCILIATION <br /> City of Pleasanton Single Audit Report Reconciliation to County of Alameda: <br /> Total FY 2015-16 Payments from County of Alameda $173,091 <br /> City's FY 2015-16 Expenditures Per Single Audit Report(page 4) 232,151 <br /> Variance $59,060 <br /> Unreimbursed expenditures at June 30,2016: <br /> Vendor Description Amount <br /> AmenNational Services,Inc. Housing Rehabilitation Program $24,480 <br /> MidPen Housing Corporation Kottinger Gardens Predevelopment 10,000 <br /> Abode Services HOME Rent Subsidies 19,836 <br /> City of Pleasanton HOME program administration 4,744 <br /> Total unreimbursed expenditures at June 30,2016 $59,060 <br /> 5 <br />