Notes to SEFA
Accounting Policies: A. Basis of Presentation
The accompanying schedule of expenditures of federal awards includes the federal grant activity of the Tarrant County
Emergency Services District No. 1 (the District) and is presented on the accrual basis of accounting. The information in this
schedule is presented in accordance with requirements of Title 2 U. S. Code of Federal Regulations (CFR) Part 200, Uniform
Administration Requirements, Cost of Principles, and Audit Requirements for Federal Awards. Because the schedule presents
only a selected portion of the operations of the District, it is not intended to and does not present the financial position,
changes in net position or cash flows of the District.
De Minimis Rate Used: N
Rate Explanation: B. Indirect Cost Rate
Indirect costs shown on the Schedule of Expenditures of Federal Awards are properly credited as revenues. These indirect
cost revenues are determined by applying approved indirect cost rates to actual applicable expenditures of the projects. The
District has elected not to use the 10% de minimis cost rate as covered in 2 CFR Part 200.414, Indirect costs.