Notes to SEFA
Title: 3. Subrecipients
Accounting Policies: The schedule is presented in conformity with generally accepted accounting principles using the modified accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: Grundy County did not use the de minimis cost rate.
No amounts ($0)were passed through to subrecipients.
Title: 4. Pass-through Information
Accounting Policies: The schedule is presented in conformity with generally accepted accounting principles using the modified accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: Grundy County did not use the de minimis cost rate.
Information not available.
Title: 5. Cluster Totals
Accounting Policies: The schedule is presented in conformity with generally accepted accounting principles using the modified accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: Grundy County did not use the de minimis cost rate.
Child Nutrition Cluster total $1,468,496; Community Facilities Loans and Grants Cluster total $20,633; Highway Safety Cluster total $13,572; Special Education Cluster total $597,736.
Title: 6. FAL Totals
Accounting Policies: The schedule is presented in conformity with generally accepted accounting principles using the modified accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: Grundy County did not use the de minimis cost rate.
Total for FAL No. 10.555 is $1,035,732; Total for FAL No. 84.425 is $2,879,637.
Title: 7. Consolidated Administration
Accounting Policies: The schedule is presented in conformity with generally accepted accounting principles using the modified accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: Grundy County did not use the de minimis cost rate.
See the notes to the SEFA for table of amounts consolidated for administrative purposes.