Notes to SEFA
Title: Basis of Presentation
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards is presented on the accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: The City allocated direct costs to grants.
The accomapying Schedule of Expenditures of Federal Awards is presented on the accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of the Uniform Guidance.
Title: Indirect Cost Rate
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards is presented on the accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: The City allocated direct costs to grants.
The City has elected not to use the 10% de minimus indirect cost rate as allowed under the Uniform Guidance.
Title: Additional Information
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards is presented on the accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: The City allocated direct costs to grants.
Assistance Listing Number 97.036, Disaster Grants - Public Assistance (Presidentially Declared Disasters) includes $99,205 in expenditures that occurred prior to
October 1, 2022.