Notes to SEFA
Title: Reporting Entity:
Accounting Policies: This accompanying schedule of expenditures of federal awards has been prepared on the modified accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: Washington County has elected not to use the 10 percent de minimis indirect cost rate as allowed under the Uniform Guidance.
The accompanying schedule of expenditures of federal awards (the schedule) includes the federal grant activity of Washington County, Utah. The County’s reporting entity is defined in Note 1 of the basic financial statements. All expenditure of federal awards received directly from federal agencies as well as federal awards passed through other government agencies are included in the schedule. Because the Schedule presents only a selected portion of the operations of Washington County, it is not intended to and does not present the financial position, changes in net assets, or cash flows of Washington County.
Title: Basis of Accounting:
Accounting Policies: This accompanying schedule of expenditures of federal awards has been prepared on the modified accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: Washington County has elected not to use the 10 percent de minimis indirect cost rate as allowed under the Uniform Guidance.
This accompanying schedule of expenditures of federal awards has been prepared on the modified accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
Title: Indirect Cost Rate:
Accounting Policies: This accompanying schedule of expenditures of federal awards has been prepared on the modified accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: Washington County has elected not to use the 10 percent de minimis indirect cost rate as allowed under the Uniform Guidance.
Washington County has elected not to use the 10 percent de minimis indirect cost rate as allowed under the Uniform Guidance.
Title: Federal Loans Outstanding:
Accounting Policies: This accompanying schedule of expenditures of federal awards has been prepared on the modified accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: Washington County has elected not to use the 10 percent de minimis indirect cost rate as allowed under the Uniform Guidance.
There are no outstanding balances for federal loan or loan guarantee programs at December 31, 2023.