Notes to SEFA
Title: NOTE A
Accounting Policies: The accompanying schedule of expenditures of federal awards includes the federal grant activity of the City of
Humboldt, Kansas 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 statement.
De Minimis Rate Used: N
Rate Explanation: NONE
The accompanying schedule of expenditures of federal awards includes the federal grant activity of the City of
Humboldt, Kansas 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 statement.
Title: NOTE B
Accounting Policies: The accompanying schedule of expenditures of federal awards includes the federal grant activity of the City of
Humboldt, Kansas 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 statement.
De Minimis Rate Used: N
Rate Explanation: NONE
The City of Humboldt, Kansas did not elect to use the 10% de minimis cost rate.