Notes to SEFA
Title: SIGNIFICANT ACCOUNTING POLICIES USED
Accounting Policies: ALL EXPENDITURES ON THE SEFA ARE REPORTED ON THE MODIFIED ACCRUAL BASIS OF ACCOUNTING. NOTE 1 TO THE FINANCIAL STATEMENTS PROVIDES ADDITIONAL INFORMATION RELATIVE TO THE POLICE JURY'S ACCOUNTING POLICIES.
De Minimis Rate Used: N
Rate Explanation: THE ENTITY DOES NOT HAVE INDIRECT COSTS FOR THE YEAR.
ALL EXPENDITURES ON THE SEFA ARE REPORTED ON THE MODIFIED ACCRUAL BASIS OF ACCOUNTING. NOTE 1 TO THE FINANCIAL STATEMENTS PROVIDES ADDITIONAL
Title: DE MINIMIS COST RATE
Accounting Policies: ALL EXPENDITURES ON THE SEFA ARE REPORTED ON THE MODIFIED ACCRUAL BASIS OF ACCOUNTING. NOTE 1 TO THE FINANCIAL STATEMENTS PROVIDES ADDITIONAL INFORMATION RELATIVE TO THE POLICE JURY'S ACCOUNTING POLICIES.
De Minimis Rate Used: N
Rate Explanation: THE ENTITY DOES NOT HAVE INDIRECT COSTS FOR THE YEAR.
THE POLICE JURY DID NOT ELECT TO USE THE TEN PERCENT (10%) DE MINIMUS INDIRECT COST RATE AS ALLOWED UNDER THE UNIFORM GUIDANCE.