Notes to SEFA
Accounting Policies: NOTE 1SUMMARY OF SIGNIFICANT ACCOUNTING POLICIESA.Basis of AccountingThe schedule of expenditures of federal awards is prepared on the accrual basis of accounting. Expenditures are recognized when liabilities are incurred. B.Allocation between state and federal sources The Federal portion of grants is determined based on grant agreements, remittance advice, and other published information or based on direct inquiry to grantors. In instances where the federal portion is determinable by date remittance, it is assumed that expenditures were incurred at that same date. NOTE 2ABBREVIATIONS The following abbreviations are used in the schedule DCEDPA Department of Community and Economic Development DHSPA Department of Human ServicesPSPenn Serve AGRPA Department of AgricultureSnyderSnyder County, PA UnionUnion County, PA DOT US Department of the Treasury (concluded)
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.