Notes to SEFA
Title: Disclosure Required by the Commonwealth of Pennsylvania Department of Health
Accounting Policies: The accompanying schedule of expenditures of federal awards includes the federal grant activity of the Redevelopment Authority of the County of Fayette (Authority) and is presented on the modified accrual basis of accounting. Such expenditures are recognized following the cost principles contained in Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance), wherein certain types of expenditures are not allowable or are limited as to reimbursement. Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in, the presentation of the financial statements.
De Minimis Rate Used: N
Rate Explanation: The Authority has elected to not use the 10-percent de minimis indirect cost rate as allowed under the Uniform Guidance.
Please see table on page 28 of the Single Audit.