Notes to SEFA
Title: 3. Subrecipients
Accounting Policies: Presented in conformity with generally accepted accounting principles using the modified accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: Smith County Elected not to use the 10% de minimus cost rate permitted in the Uniform Guidance.
No amounts ($0) were passed-through to subrecipients.
Title: 4. Pass-through Identifying Number
Accounting Policies: Presented in conformity with generally accepted accounting principles using the modified accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: Smith County Elected not to use the 10% de minimus cost rate permitted in the Uniform Guidance.
Information not available.
Title: 5. Cluster Totals
Accounting Policies: Presented in conformity with generally accepted accounting principles using the modified accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: Smith County Elected not to use the 10% de minimus cost rate permitted in the Uniform Guidance.
Child Nutrition Cluster total $1,854,478; Fish and Wildlife Cluster total $750; Special Education Cluster total $795,284; Aging Cluster total $18,136.
Title: 6. FAL Totals
Accounting Policies: Presented in conformity with generally accepted accounting principles using the modified accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: Smith County Elected not to use the 10% de minimus cost rate permitted in the Uniform Guidance.
Total for FAL No. 10.555 is $1,396,505; Total for FAL No. 21.027 is $3,235,317; Total for FAL No. 84.425D is $792,126; Total for FAL No. 93.558 is $95,762.
Title: 7. Amounts Transferred
Accounting Policies: Presented in conformity with generally accepted accounting principles using the modified accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: Smith County Elected not to use the 10% de minimus cost rate permitted in the Uniform Guidance.
See the table in the SEFA for amounts transferred for administrative purposes. Transferred from Title II, Part A (FAL No. 84.367) to Title I (FAL No. 84.010) is $5,000; Transferred from Title IV (FAL No. 84.424) to Title I (FAL No. 84.010) is $8,089; Total amounts transferred is $13,089.
Title: Note 8) Consolidated Administration
Accounting Policies: Presented in conformity with generally accepted accounting principles using the modified accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: Smith County Elected not to use the 10% de minimus cost rate permitted in the Uniform Guidance.
See the table in the SEFA for amounys consolidated for administrative purposes. The following amounts were consolidated for administration purposes: Title I Grants to Local Educational Agencies FAL No. 84.010 $125,528; Supporting Effective Instruction State Grant FAL No. 84.367 $327; Total amounts consolidated for administrative purposes is $125,855.