Notes to SEFA
Accounting Policies: The accompanying schedule of expenditures of federal awards includes the federal grant activity of ElCampo, Texas and is presented on the accrual basis of accounting. The information in this schedule ispresented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations (CFR) Part200, Cost Principles for Federal Awards (the Uniform Guidance). Therefore, some amounts presentedin this schedule may differ from amounts presented in or used in the preparation of the basic financialstatements.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.