Notes to SEFA
Title: Reconciliation of SEFA to financial statement revenues
Accounting Policies: The Schedule of Expenditures of Federal Awards is prepared in accordance with the requirements of Title 2 US Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Therefore, some amounts presented in this schedule may differ from amounts presented in the financial statements.
De Minimis Rate Used: N
Rate Explanation: n/a
Federal revenue reported in governmental funds $3,796,398; plus prior year revenue for expenditures in prior year based on portal reporting period $247,904 totals $4,044,302. Expenditures reported on the SEFA $4,044,302.
Title: Subrecipients
Accounting Policies: The Schedule of Expenditures of Federal Awards is prepared in accordance with the requirements of Title 2 US Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Therefore, some amounts presented in this schedule may differ from amounts presented in the financial statements.
De Minimis Rate Used: N
Rate Explanation: n/a
Of the Federal awards presented in the accompanying SEFA, the County provided no awards to subrecipients.