Notes to SEFA
Accounting Policies: Note 1: Basis of PresentationThe accompanying schedule of expenditures of federal awards (the "Schedule") includes the federal awardactivity of Lamar County, Texas (the "County"), under programs of the federal government for the yearended September 30, 2022.The information in this schedule is presented in accordance with therequirements of Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform AdministrativeRequirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Becausethe Schedule presents only a selected portion of the operations of the County, it is not intended to and doesnot present the financial position, changes in net assets of the County.Note 2: Summary of Significant Accounting PoliciesExpenditures reported on the Schedule are reported on the full accrual basis of accounting. Suchexpenditures are recognized following the cost principles contained in the Uniform Guidance, whereincertain types of expenditures are not allowable or are limited as to reimbursement. Pass-through entityidentifying numbers are J:)resented where available.Note 3: Indirect Cost RateThe County has elected not to use the 10-percent de minimis indirect cost rate allowed under the UniformGuidance.Note 4: Program Costs/Matching ContributionsThe amounts shown as current year expenses represent only the federal grant portion of the program costs.Entire program costs, including the County's portion, may be more than shown.66
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.