Notes to SEFA
Title: Basis of Presentation
Accounting Policies: Modified Accrual Basis
De Minimis Rate Used: N
Rate Explanation: N/A
The accompanying schedule of expenditures of federal awards (the “Schedule”) includes the federal grant activity of
Greenwood County, South Carolina (the “County”) 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 the Title 2 U.S.
Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements
for Federal Awards (Uniform Guidance). Because the Schedule presents only a selected portion of the operations of
the County, it is not intended to and does not present the financial position, changes in net position or cash flows of
the County.