Notes to SEFA
Title: 1
Accounting Policies: The accompanying schedule of expenditures of federal awards (the schedule) includes all federal grant activity of Clackamas County Children's Commission under programs of the federal government for the year ended January 31, 2024. The information in this schedule is presented in accordance with the requirements of the Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Because the schedule presents only a selected portion of the operations of Clackamas County Children's Commission, it is not intended to and does not present the financial position, changes in net assets or cash flows of Clackamas County Children's Commission. Expenditures reported on the schedule are reported on the accrual basis of accounting. Such expenditures are recognized following cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: The Organization did not utilize the 10% de minimis indirect cost rate. The contract requires that all expenses be allocated on a reasonable basis. No separate indirect cost rate is required.
Basis of Presentation
Title: 2
Accounting Policies: The accompanying schedule of expenditures of federal awards (the schedule) includes all federal grant activity of Clackamas County Children's Commission under programs of the federal government for the year ended January 31, 2024. The information in this schedule is presented in accordance with the requirements of the Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Because the schedule presents only a selected portion of the operations of Clackamas County Children's Commission, it is not intended to and does not present the financial position, changes in net assets or cash flows of Clackamas County Children's Commission. Expenditures reported on the schedule are reported on the accrual basis of accounting. Such expenditures are recognized following cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: The Organization did not utilize the 10% de minimis indirect cost rate. The contract requires that all expenses be allocated on a reasonable basis. No separate indirect cost rate is required.
Expenditures
Title: 3
Accounting Policies: The accompanying schedule of expenditures of federal awards (the schedule) includes all federal grant activity of Clackamas County Children's Commission under programs of the federal government for the year ended January 31, 2024. The information in this schedule is presented in accordance with the requirements of the Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Because the schedule presents only a selected portion of the operations of Clackamas County Children's Commission, it is not intended to and does not present the financial position, changes in net assets or cash flows of Clackamas County Children's Commission. Expenditures reported on the schedule are reported on the accrual basis of accounting. Such expenditures are recognized following cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: The Organization did not utilize the 10% de minimis indirect cost rate. The contract requires that all expenses be allocated on a reasonable basis. No separate indirect cost rate is required.
Indirect Cost Rate