Notes to SEFA
Accounting Policies: NOTE 1 The City of Athens received federal awards which required the City to have a "Single Audit" in accordance with the Uniform Guidance for the year ended June 30, 2023. The Schedule of Expenditures of Federal and State Awards includes the federal and state grant activity of the City of Athens and its blended component unit, and is presented on the accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of the Uniform Guidance. Therefore, some amounts presented in this schedule may differ from amounts presented in or used in the preparation of the basic financial statements.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use de minimis