Notes to SEFA
Title: Differences between Timing of Expenditures and Reporting on SEFA
Accounting Policies: The Schedule of Expenditures of Federal Awards includes the federal grant activity of the City of Kissimmee, Florida, and is presented on the modified accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations, Part 200, Uniform Administrative Requirements, Cost Principles, and AuditRequirements for Federal Awards (Uniform Guidance). Therefore, amounts presented in this schedule may differ from amounts presented in, or used in, the preparation of the basic financial statements.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
Expenditures for Hurricane Dorian occurred in FY2019; however, project amounts were obligated and paid in FY22.Amount presented is value of equipment received from the sub-grantee, Orange County Sheriff's Office, during 2021.