Notes to SEFA
Title: NOTE 1 - BASIS OF PRESENTATION
Accounting Policies: See attached.
De Minimis Rate Used: N
Rate Explanation: N/A
The Schedule of Expenditures of Federal and State Awards includes the federal grant activity of Kings/Tulare Area Agency on Aging and is presented on the accrual basis. The information in this schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). The amounts reported in the accompanying Schedule of Expenditures of Federal and State Awards agree, in all material respects, to amounts reported within Kings/Tulare Area Agency on Aging’s financial statements.
Title: NOTE 2 - PASS-THROUGH ENTITIE’S IDENTIFYING NUMBER
Accounting Policies: See attached.
De Minimis Rate Used: N
Rate Explanation: N/A
When federal awards were received from a pass-through entity, the Schedule of Expenditures of Federal and State Awards shows, if available, the identifying number assigned by the pass-through entity. When no identifying number is shown, Kings/Tulare Area Agency on Aging determined that no identifying number is assigned for the program or Kings/Tulare Area Agency on Aging was unable to obtain an identifying number from the pass-through entity.
Title: NOTE 3 - FEDERAL ASSISTANCE LISTING NUMBERS
Accounting Policies: See attached.
De Minimis Rate Used: N
Rate Explanation: N/A
The Federal assistance listing number included in the accompanying Schedule of Expenditures of Federal and State Awards was determined based on the program name, review of the award contract, and the Office of Management and Budget’s Federal assistance listing numbers.