Notes to SEFA
Title: Relationship of the SEFA to the Primary Government Financial Statements
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards is presented using the modified accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
The following reconciliation is provided to help the reader of the Police Jury's financial statements relate federal revenues to the Schedule of Expenditures of Federal Awards at December 31, 2022: Revenues per Statement D=$12,162,484. U.S. Department of Justice=$(611,019), Local Assistance and Tribal Consistency=$(58,034). Total Schedule of Expenditures of Federal Awards=$11,493,431.
Title: Loans
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards is presented using the modified accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
The Police Jury had no loan or loan guarantee programs outstanding at the end of the audit.