Notes to SEFA
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards (SEFA) presents the activity of all federal
award programs of the City of San Joaquin, California (the City). Federal awards received directly from
federal agencies as well as federal awards passed through other nonfederal agencies, primarily the State of
California, are included in the SEFA. The City’s reporting entity is defined in Note 1 to the City’s basic
financial statements.
De Minimis Rate Used: N
Rate Explanation: The City did not elect to use the 10% de minimus cost rate as covered in 2 CFR §200.414.