Notes to SEFA
Title: Note A
Accounting Policies: The District expended funds for waterline replacements on Corryton Road, Emory Road and Washington Pike. These expenditures are required to be considered as Federal Awards Expended.
De Minimis Rate Used: N
Rate Explanation: The District has not elected to use the 10% diminimis indirect cost rate as allowed under the Uniform Guidance.
The schedule of expenditures of federal awards (the Schedule) includes the federal grant activity of Luttrell-Blaine-Corryton Utility District (the District) and is presented on the accrual basis of accounting.
Title: Note B
Accounting Policies: The District expended funds for waterline replacements on Corryton Road, Emory Road and Washington Pike. These expenditures are required to be considered as Federal Awards Expended.
De Minimis Rate Used: N
Rate Explanation: The District has not elected to use the 10% diminimis indirect cost rate as allowed under the Uniform Guidance.
The District expended funds for waterline replacements on Corryton Road, Emory Road, and Washington Pike. These expenditures are required to be condisered as Federal Awards Expended. The District has not elected to use the 10 percent de minimis indirect cost rate as allowed under the Uniform Guidance.