Notes to SEFA
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards presents the activity of all applicable
federal awards programs of Upshur County, Texas. The County’s reporting entity is defined in Note 2 (c)
of the basic financial statements. Federal awards received directly from federal agencies, as well as
awards passed through other government agencies, are included on the Schedule of Expenditures of
Federal Awards. The accompanying Schedule of Expenditures of Federal Awards is presented using the modified
accrual basis of accounting. The modified accrual basis of accounting is described in Note 1 of the
basic financial statements.
De Minimis Rate Used: N
Rate Explanation: The County did not elect to apply the 10% de minimus indirect cost rate.