Notes to SEFA
Accounting Policies: Basis of Accounting The information in the Schedule is presented in accordance with Title 2 U.S. Code of Federal Regulations Part 200. The Schedule is prepared using the same accounting policies and basis of accounting as the basic financial statements. Assistance Listing Numbers Title 2 U.S. Code of Federal Regulations Part 200 requires the Schedule to show the total expenditures for each of the Countys federal financial assistance programs as identified by Assistance Listing number. Assistance Listing is a government-wide compendium of individual federal programs which assigns a five-digit program identification Assistance Listing number to each federal program. Major Programs Title 2 U.S. Code of Federal Regulations Part 200 establishes the levels of expenditures or expenses and other criteria to be used in defining major programs. Major programs have been noted in the Schedule of Findings and Questioned Costs in accordance with those definitions.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.