Notes to SEFA
Accounting Policies: Humboldt Transit Authority uses the accrual basis of accounting. The SEFA reports include the Federal Grants received and passed through from CA DOT and expended. The grants were for operating assistance for rural area transit needs. We obtained copies of the remittance advices from the State of CA. We also selected multiple invoices to test. The CARES ACT grants were used for operating assistance. We obtained reimbursement requests prepared by HTA which included PPE and personnel expenses. There was one Capital 5311 grant which was used to purchase a bus. There were emergency operating grants from CRRSAA for Covid 19 to cover personnel and safety equipment.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.