Notes to SEFA
Title: General
Accounting Policies: The accompanying schedule of expenditures of federal awards is presented using the full accrual basis of accounting, as described in Note 1-D.
De Minimis Rate Used: N
Rate Explanation: The City did not elect to use the 10% deminimis indirect cost rate. The City used lower rates than 10%, as determined on a program by program basis, as calculated by the City or by the funding agency/grant.
The accompanying schedule of expenditures of federal awards presents the activity of all federal awards received by the City of Dalton, Georgia. All federal awards received directly from federal agencies, as well as federal awards passed through other government agencies, are included in this schedule.
Title: Basis of Presentation
Accounting Policies: The accompanying schedule of expenditures of federal awards is presented using the full accrual basis of accounting, as described in Note 1-D.
De Minimis Rate Used: N
Rate Explanation: The City did not elect to use the 10% deminimis indirect cost rate. The City used lower rates than 10%, as determined on a program by program basis, as calculated by the City or by the funding agency/grant.
The accompanying schedule of expenditures of federal awards is presented using the full accrual basis of accounting, as described in Note 1-D.
Title: Relationship to Federal Financial Reports
Accounting Policies: The accompanying schedule of expenditures of federal awards is presented using the full accrual basis of accounting, as described in Note 1-D.
De Minimis Rate Used: N
Rate Explanation: The City did not elect to use the 10% deminimis indirect cost rate. The City used lower rates than 10%, as determined on a program by program basis, as calculated by the City or by the funding agency/grant.
Amounts reported in the accompanying schedule agree with the amounts reported in the related federal financial reports.
Title: Indirect Costs
Accounting Policies: The accompanying schedule of expenditures of federal awards is presented using the full accrual basis of accounting, as described in Note 1-D.
De Minimis Rate Used: N
Rate Explanation: The City did not elect to use the 10% deminimis indirect cost rate. The City used lower rates than 10%, as determined on a program by program basis, as calculated by the City or by the funding agency/grant.
The City did not elect to use the 10% de minimis indirect cost rate.