Notes to SEFA
Title: Note 1: General
Accounting Policies: The Schedule of Expenditures of Federal Awards and State Financial Assistance is maintained on a modified accrual basis of accounting for Governmental Fund types, and the full accrual basis of accounting for the Proprietary Fund types, as described in the notes to the financial statements; however, subrecipient expenditures are included when paid.
De Minimis Rate Used: N
Rate Explanation: The County did not elect to utilize the 10% de minimis indirect cost rate.
The Schedule of Expenditures of Federal Awards and State Financial Assistance presents the activity of all federal programs and state projects of the Brevard County, Florida, primary government, as defined in Note 1. A. to the financial statements.
Title: Note 3: Non-cash Awards
Accounting Policies: The Schedule of Expenditures of Federal Awards and State Financial Assistance is maintained on a modified accrual basis of accounting for Governmental Fund types, and the full accrual basis of accounting for the Proprietary Fund types, as described in the notes to the financial statements; however, subrecipient expenditures are included when paid.
De Minimis Rate Used: N
Rate Explanation: The County did not elect to utilize the 10% de minimis indirect cost rate.
During the year ended September 30, 2022, the County received the following non-cash donations from the General Services Administration (passed through the Florida Bureau of Federal Property Assistance) for the Federal Surplus Property Donation Program. See Notes to the SEFSA for the chart/table.
Title: Note 4: Stafford Act Claimed Costs
Accounting Policies: The Schedule of Expenditures of Federal Awards and State Financial Assistance is maintained on a modified accrual basis of accounting for Governmental Fund types, and the full accrual basis of accounting for the Proprietary Fund types, as described in the notes to the financial statements; however, subrecipient expenditures are included when paid.
De Minimis Rate Used: N
Rate Explanation: The County did not elect to utilize the 10% de minimis indirect cost rate.
The recording of expenditures on the Schedule of Expenditures of Federal Awards and State Financial Assistance relating to Stafford Act funds are based on when the funds are obligated by FEMA. Expenditures incurred in previous fiscal years, but obligated and reported in the current fiscal year, were as follows: See Notes to the SEFSA for the chart/table.
Title: Note 5: Florida Department of Environmental Protection
Accounting Policies: The Schedule of Expenditures of Federal Awards and State Financial Assistance is maintained on a modified accrual basis of accounting for Governmental Fund types, and the full accrual basis of accounting for the Proprietary Fund types, as described in the notes to the financial statements; however, subrecipient expenditures are included when paid.
De Minimis Rate Used: N
Rate Explanation: The County did not elect to utilize the 10% de minimis indirect cost rate.
The amount reported for the Florida Beach Management Funding Assistance Program includes expenditures incurred in a previous fiscal year for beach and dune sand placement, and dune vegetation planting. The grantor agency amended the agreement, in fiscal year 2022, to expand the project to include expenditures incurred in a prior year. See Notes to the SEFSA for the chart/table.