Accounting For Governmental & Nonprofit Entities
18th Edition
ISBN: 9781259917059
Author: RECK, Jacqueline L., Lowensohn, Suzanne L., NEELY, Daniel G.
Publisher: Mcgraw-hill Education,
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Textbook Question
Chapter 11, Problem 15C
Custer County receives pass through funds from the state’s Department of Justice to assist in administering the federally funded Public Safety
Required
Utilize the Compliance Supplement link on the OMB website at http://www.whitehouse.gov/OMB/circulars to answer the following questions.
- a. What is the CFDA number for this program?
- b. Describe the program’s objectives.
- c. Review the matrix of compliance requirements within the Compliance Supplement. Which generic compliance requirements are applicable to this program?
- d. As part of the overall funding, the county received a nonhiring Community Policing Development (CPD) grant and a hiring grant for COPS in schools (CIS). Determine whether the following costs are eligible for reimbursement under the grants:
- 1. The county hosted a Fourth of July picnic, free to the public, at a cost of $75,000 to improve community relations.
- 2. An entry-level law enforcement officer was hired for the COPS in schools program at an annual salary of $145,000.
- 3. Civilian personnel were hired to develop a neighborhood watch program.
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Identification of activities with particular governmental-type funds
Using only the governmental-type funds, indicate which would be used to record each of the following transactions and events.
GF General Fund
SRF Special Revenue Fund
DSF Debt Service Fund
CPF Capital Projects Fund PF Permanent Fund
1.The city paid a contractor who had completed a report on the potential for improving police deployment as a way to reduce the crime rate.
2. The city retired some of its outstanding bonds, using money accumulated for that purpose.
3. The city received a grant from the state to build an addition to the city hall.
4. A federal grant was received to help pay for the cost of constructing the new city hall.
Required information
[The following information applies to the questions displayed below.]
Evergreen County acts as the disbursing agent for a state grant for the performing arts. The state is responsible for
determining which local governments are eligible for the grant money and for following up to ensure that the recipients
comply with the requirements of the grant. The county receives the grant funds and disburses them according to the
schedule provided by the state. When the county was asked to participate, the county's attorney was concerned that the
county might be held responsible for any disallowed costs. The state agreed to accept responsibility for any disallowed
costs, so the county decided to act as the custodian for the state for this grant.
The schedule for the grant funds to be awarded in the current fiscal year is shown below:
City of Boulder
Aspen Township
Snowton
Firtree Village
Total
$2,250,000
1,550,000
1,050,000
750,000
$5,600,000
Chapter 11 Solutions
Accounting For Governmental & Nonprofit Entities
Ch. 11 - Prob. 1QCh. 11 - Prob. 2QCh. 11 - Prob. 3QCh. 11 - Prob. 4QCh. 11 - Prob. 5QCh. 11 - Prob. 6QCh. 11 - Prob. 7QCh. 11 - Prob. 8QCh. 11 - Prob. 9QCh. 11 - Prob. 10Q
Ch. 11 - Background. Lake View Mental Health Affiliates, a...Ch. 11 - Prob. 12CCh. 11 - Prob. 14CCh. 11 - Custer County receives pass through funds from the...Ch. 11 - Prob. 16CCh. 11 - The city council members of Laurel City are...Ch. 11 - Prob. 19.1EPCh. 11 - Prob. 19.2EPCh. 11 - Prob. 19.3EPCh. 11 - Prob. 19.4EPCh. 11 - Prob. 19.5EPCh. 11 - Prob. 19.6EPCh. 11 - Prob. 19.7EPCh. 11 - Prob. 19.8EPCh. 11 - Dan Cole is the head of the countys Division of...Ch. 11 - Prob. 19.10EPCh. 11 - Prob. 19.11EPCh. 11 - Prob. 19.12EPCh. 11 - Prob. 19.13EPCh. 11 - Prob. 21EPCh. 11 - Prob. 22EPCh. 11 - Prob. 23EPCh. 11 - Prob. 24EPCh. 11 - Prob. 25EP
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