Notes to SEFA
Title: 3. 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: Fayette County elected not to use the 10% de minimis cost rate permitted in the Uniform Guidance.
CHILD NUTRITION CLUSTER TOTAL $2,543,995; SPECIAL EDUCATION CLUSTER TOTAL $1,375,115.
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: Fayette County elected not to use the 10% de minimis cost rate permitted in the Uniform Guidance.
Information not available.
Title: 5. Federal Assistance Listings (FAL) Number 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: Fayette County elected not to use the 10% de minimis cost rate permitted in the Uniform Guidance.
Total for FAL No. 10.555 is $1,896,494; Total for FAL No. 20.106 is $45,820; Total for FAL No. 84.027 is $1,324,876; Total for FAL No. 84.173 is $50,239; Total for FAL No. 84.425 is $3,872,662.
Title: 6. 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: Fayette County elected not to use the 10% de minimis cost rate permitted in the Uniform Guidance.
No amount ($0) were passed-through to subrecipients.
Title: 7. Consolidated Administration
Accounting Policies: Presented in conformity with generally accepted accounting principles using the modified accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: Fayette County elected not to use the 10% de minimis cost rate permitted in the Uniform Guidance.
See the table in the notes to the SEFA for amounts consolidated for administration purposes.