Notes to SEFA
Title: 3. Subrecipients
Accounting Policies: Presented in conformity with generally accepted accounting principles using the modified accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: Sequatchie County elected not to use the 10% de minimus cost rate permitted in the Uniform Guidance.
No amounts ($0) were passed through to subrecipients.
Title: 4. Pass-Through Information
Accounting Policies: Presented in conformity with generally accepted accounting principles using the modified accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: Sequatchie County elected not to use the 10% de minimus cost rate permitted in the Uniform Guidance.
Pass-through information was not available.
Title: 5. Cluster Totals
Accounting Policies: Presented in conformity with generally accepted accounting principles using the modified accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: Sequatchie County elected not to use the 10% de minimus cost rate permitted in the Uniform Guidance.
Child Nutrition Cluster total $1,537,356; Special Education Cluster total $704,893.
Title: 6. Federal Assistance Listings (FAL) Totals
Accounting Policies: Presented in conformity with generally accepted accounting principles using the modified accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: Sequatchie County elected not to use the 10% de minimus cost rate permitted in the Uniform Guidance.
FAL No. 10.555 total $1,150,415; FAL No. 84.027 total $670,695; CAL No. 84.173 total $34,198; FAL No. 84.425 total $3,030,398.
Title: 7. Pass-Through Information
Accounting Policies: Presented in conformity with generally accepted accounting principles using the modified accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: Sequatchie County elected not to use the 10% de minimus cost rate permitted in the Uniform Guidance.
Total for Pass-Through ID Z22THS253 is $6,486; Total for Pass-Through ID Z23THS245 is $3,514.
Title: 8. Consolidated Adminstration
Accounting Policies: Presented in conformity with generally accepted accounting principles using the modified accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: Sequatchie County elected not to use the 10% de minimus cost rate permitted in the Uniform Guidance.
See the table in the notes to the SEFA Schedule for a table of consolidated administration fund expenditures.