Notes to SEFA
Title: 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: Tipton County elected not to use the de minimis cost rate permitted in the Uniform Guidance.
No amounts ($0) were passed-through to subrecipients.
Title: 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: Tipton County elected not to use the de minimis cost rate permitted in the Uniform Guidance.
Child Nutrition Cluster total $7,243,563; Highway Safety Cluster total $30,950; Special Education Cluster total $2,764,341.
Title: 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: Tipton County elected not to use the de minimis cost rate permitted in the Uniform Guidance.
Information not available.
Title: 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: Tipton County elected not to use the de minimis cost rate permitted in the Uniform Guidance.
Total for FAL No. 10.555 is $5,292,064; Total for FAL No. 84.027 is $2,614,875; Total for FAL No. 84.173 is $149,466; Total for FAL No. 84.425 is $10,340,713; Total for FAL No. 93.558 is $243,396; Total for FAL No. 97.036 is $133,728.