Notes to SEFA
Accounting Policies: This schedule includes the federal grant activity of the City of Plant City, Florida for the fiscal year ended September 30, 2023, and is presented using modified accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of
Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements
for Federal Awards . Therefore, some amounts presented in this schedule may differ from amounts in, or used in the preparation of the basic financial statements. No amounts were passed through to subrecipients
De Minimis Rate Used: N
Rate Explanation: The City chose not to use the 10% de minimis indirect cost rate for the year ended September 30, 2023