Notes to SEFA
Title: Note 3. Subrecipients
Accounting Policies: (1) Presented in conformity with generally accepted accounting principles using the modified accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: (2) Henry County elected not to use the 10% de minimis cost rate permitted in the Uniform Guidance.
No amounts ($0) were passed-through to subrecipients.
Title: Note 4. Cluster Totals
Accounting Policies: (1) Presented in conformity with generally accepted accounting principles using the modified accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: (2) Henry County elected not to use the 10% de minimis cost rate permitted in the Uniform Guidance.
Child Nutrition Cluster total $1,693,266; Special Education Cluster total $943,399; Aging Cluster total $27,300.
Title: Note 5. Pass-through Information
Accounting Policies: (1) Presented in conformity with generally accepted accounting principles using the modified accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: (2) Henry County elected not to use the 10% de minimis cost rate permitted in the Uniform Guidance.
Information not available.
Title: Note 6. Federal Assistance Listings (FAL) Number Totals
Accounting Policies: (1) Presented in conformity with generally accepted accounting principles using the modified accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: (2) Henry County elected not to use the 10% de minimis cost rate permitted in the Uniform Guidance.
Total for FAL No. 10.555 is $1,262,841; Total for FAL No. 20.106 is $70,611; Total for FAL No. 84.027 is $870,570; Total for FAL No. 84.173 is $72,829; Total for FAL No. 84.425 is $5,208,390; Total for FAL No. 93.323 is $412,748.
Title: Note 7. Excess Military Equipment
Accounting Policies: (1) Presented in conformity with generally accepted accounting principles using the modified accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: (2) Henry County elected not to use the 10% de minimis cost rate permitted in the Uniform Guidance.
During the year ended June 30, 2023, Henry County received excess military equipment from the U.S. Department of Defense valued at $31,965.
Title: Note 8. Consolidated Administration Amounts
Accounting Policies: (1) Presented in conformity with generally accepted accounting principles using the modified accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: (2) Henry County elected not to use the 10% de minimis cost rate permitted in the Uniform Guidance.
See the notes to the SEFA for a table of amounts consolidated for administration purposes.