Notes to SEFA
Title: SCOPE OF THIS SCHEDULE
Accounting Policies: THE ACCOMPANYING SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS INCLUDES ALL THE FEDERAL GRANT ACTIVITY OF THE TOWNSHIP AND IS PRESENTED ON THE ACCRUAL BASIS OF ACCOUNTING. THE INFORMATION IN THIS SCHEDULE IN ACCORDANCE WITH THE REQUIREMENTS OF THE UNIFORM GUIDANCE.
De Minimis Rate Used: N
Rate Explanation: THE TOWNSHIP DID NOT USE THE FEDERAL DE MINIMIS INDIRECT COST RATE OF 10% ON THEIR FEDERAL GRANTS FOR THE YEAR ENDED DECEMBER 31, 2023.
THE SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS REFLECTS FEDERAL EXPENDITURES FOR ALL INDIVIDUAL GRANTS WHICH WERE ACTIVE DURING THE FISCAL YEAR. EXPENDITURES INCURRED UNDER THE DISASTER GRANTS - PUBLIC ASSISTANCE ARE RECOGNIZED IN THE PERIOD IN WHICH THEY ARE ACCEPTED FOR REIMUBRSEMENT BY THE FEDERAL GOVERNMENT. ACCORDINGLY, THE SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS FOR THE YEAR ENDED DECEMBER 31, 2023 REFLECTED EXPENDITURES INCURRED FROM SEPTEMBER 2021 THROUGH DECEMBER 31, 2023, WHICH WERE REPORTED TO THE FEDERAL GOVERNMENT IN 2023.