Notes to SEFA
Title: Basis of Presentation
Accounting Policies: The accompanying Schedule of Federal Awards of the City of Deltona, Florida is presented on the accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: The auditee used direct costs.
The accompanying Schedule of Federal Awards of the City of Deltona, Florida is presented on the accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of Uniform Guidance.
Title: Indirect Cost Rate
Accounting Policies: The accompanying Schedule of Federal Awards of the City of Deltona, Florida is presented on the accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: The auditee used direct costs.
The City has elected not to use the 10% de minimus indirect cost rate as allowed under the Uniform Guidance.