Notes to SEFA
Title: Summary of Significant Accounting Policies
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards (the “Schedule”) includes the federal
grant activity of the County under programs of the federal government for the year ended September 30,
2023. The information in this schedule is presented in accordance with the requirements of Title 2 U.S. Code
of Federal Regulations (CFR) 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 the County, it is not intended and does not present the financial position, changes in net
position/fund balance or cash flows of the County
De Minimis Rate Used: N
Rate Explanation: The County has elected not to use the 10% de minimis indirect cost rate as allowed in the Uniform
Guidance.
The County accounts for federal funding using the modified accrual basis of accounting. This basis of
accounting recognizes revenues in the accounting period in which they become susceptible to accrual, i.e.
both measurable and available, and expenditures in the accounting period in which the liability is incurred, if
measurable, except for certain compensated absences, claims and judgments, which are recognized when the
obligations are expected to be liquidated with expendable available financial resources. Federal grant funds
are considered to be earned to the extent of expenditures made under the provisions of the grant, and,
accordingly, when such funds are received, they are recorded as unearned revenue until earned. Generally,
unused balances are returned to the grantor at the close of specified project periods.
Title: Pass-through of Federal Funds
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards (the “Schedule”) includes the federal
grant activity of the County under programs of the federal government for the year ended September 30,
2023. The information in this schedule is presented in accordance with the requirements of Title 2 U.S. Code
of Federal Regulations (CFR) 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 the County, it is not intended and does not present the financial position, changes in net
position/fund balance or cash flows of the County
De Minimis Rate Used: N
Rate Explanation: The County has elected not to use the 10% de minimis indirect cost rate as allowed in the Uniform
Guidance.
None of the federal expenditures reported on the schedule of expenditures of federal awards were
passed through to subrecipients.