Notes to SEFA
Title: Note 3 - Program Costs
Accounting Policies: Note 1 - Basis of Accounting. The Schedule of Expenditures of Federal Awards is prepared on the same basis of accounting as the STA financial statements. STA uses the full accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: Note 2 - Indirect Cost Rate. STA has not elected to use the ten percent de minimis indirect cost rate allowed under the Uniform Guidance.
The amounts shown as current year federal expenditures represent only the federal portion of the current year program costs. Entire program costs, including the local portion, are more than shown. Such expenditures are recognized following, as applicable, either the cost principles in the OMB Circular A-87, Cost Principles for State, Local, and Indian Tribal Governments, or the cost principles contained in Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards, wherein certain types of expenditures are not allowable or are limited as to the reimbursement.
Title: Note 4 - Preventive Maintenance
Accounting Policies: Note 1 - Basis of Accounting. The Schedule of Expenditures of Federal Awards is prepared on the same basis of accounting as the STA financial statements. STA uses the full accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: Note 2 - Indirect Cost Rate. STA has not elected to use the ten percent de minimis indirect cost rate allowed under the Uniform Guidance.
The amount reported for this award includes eligible expenditures made in 2022. For this program, it is acceptable to include the current years costs on the SEFA because the FTA approves these costs on a retroactive basis. Spokane Transit was given "pre-award authority" for its preventive maintenance expenses. The official grant award was made by the FTA for the 2022 apportionment on September 20, 2022.
Title: Note 5 - FEMA Disaster Assistance
Accounting Policies: Note 1 - Basis of Accounting. The Schedule of Expenditures of Federal Awards is prepared on the same basis of accounting as the STA financial statements. STA uses the full accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: Note 2 - Indirect Cost Rate. STA has not elected to use the ten percent de minimis indirect cost rate allowed under the Uniform Guidance.
The amount reported for the FEMA disaster awards include eligible expenditures for years 2020, 2021, and 2022. Project PA-10-WA-4481-PW-00485 for $339,783 covers expenditures incurred from 8/24/2020-7/12/2021. The amounts incurred were $137,487 in 2020 and $202,296 in 2021. Project PA-10-WA-4481-PW-00519 for $146,936 covers expenditures incurred from 5/24/2021-12/30/2021 so all expenses were incurred in 2021. Project PA-10-WA-4481-PW-00785 for $144,746 for $144,746 covers expenditures incurred from 1/1/2022-7/1/2022 so all expenses were incurred in 2022.