Notes to SEFA
Title: Basis of Presentation
Accounting Policies: Expenditures reported on this schedule are reported on the accural bases of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance and OMB Circular A-87, Cost Principles of State, Local, and Indian Tribe Governments, where certain types of expenditures are not allowable or are limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: Tyler County Public Service District has elected not to use the 10% de minimus indirect cost rate allowed under the Uniform Guidance.
The accompanying schedule of Expenditures of Federal Awards (the Schedule) includes the federal award activities for Tyler County Public Service District under programs of the federal government
for the year ended June 30, 2023. 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 Principle, and Audit Requirements for Federal Awards (Uniform Guidance). Because the Schedule presents only a selected portion of the operations of the Tyler County Public
Service District, it is not intended to and does not present the financial position, changes in net position, or cash flows of Tyler County Public Service District.
Title: Pass-Through To Subrecipients
Accounting Policies: Expenditures reported on this schedule are reported on the accural bases of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance and OMB Circular A-87, Cost Principles of State, Local, and Indian Tribe Governments, where certain types of expenditures are not allowable or are limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: Tyler County Public Service District has elected not to use the 10% de minimus indirect cost rate allowed under the Uniform Guidance.
There were no awards passed through to subrecipients.
Title: Assistance Listing (Catalog of Federal Domestic Assistance (CFDA) for Indentifying Federal Progras
Accounting Policies: Expenditures reported on this schedule are reported on the accural bases of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance and OMB Circular A-87, Cost Principles of State, Local, and Indian Tribe Governments, where certain types of expenditures are not allowable or are limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: Tyler County Public Service District has elected not to use the 10% de minimus indirect cost rate allowed under the Uniform Guidance.
Assistance Listing (AL) has replaced the Catalog of Federal Domestic Assistance (CFDA) for indentifying federal programs.
Title: Loan Programs with Compliance Requirements
Accounting Policies: Expenditures reported on this schedule are reported on the accural bases of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance and OMB Circular A-87, Cost Principles of State, Local, and Indian Tribe Governments, where certain types of expenditures are not allowable or are limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: Tyler County Public Service District has elected not to use the 10% de minimus indirect cost rate allowed under the Uniform Guidance.
The federal loan program listed subsequently is administered directly by the Tyler County Public Service District, and balances and transactions relating to this program are included in the Tyler County Public Service Districti's basic financial statements. Loans made during the year are included in the federal expenditures presented on the schedule. The balances of the loans outstanding at June 30, 2023 consist of: (See the Notes to the SEFA for chart/table).