Notes to SEFA
Title: Basis of Presentation
Accounting Policies: Expenditures reported on the accompanying schedule are reported on the accrual basis of accounting. Therefore, some amounts presented
in this schedule may differ from amounts presented in, or used in the preparation of, the financial statements of the federal program. Such
expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are
not allowable or are limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: Amador Tuolumne Community Action Agency has not elected to use the 10% de minimis indirect cost rate as allowed under the Uniform
Guidance for some of their grants.
The schedule expenditures of federal and state awards includes the federal award activity of Amador Tuolunme Community Action
Agency under programs of the federal government for the year ended June 30, 2023 The information in this schedule is presented in
accordance with the requirements of Title 2 U.S. Code of Federal Regulations, Unforin Adm inistrative Requirements, Cost Principles,
andAudit Requirements for Federal Awards (Uniform Guidance). Because the schedule presents only a selected portion of the operations
of Amador Tuolumne Community Action Agency, it is not intended to and does not present the financial position, changes in net assets,
or cash flows of Amador Tuolumne Community Action Agency.