Notes to SEFA
Title: Note A - Basis of Presentation
Accounting Policies: Note B - Summary of Significant Accounting Policies
Expenditures reported on the Schedule are reported on them modified accrual basis of accounting. Such
expenditures are recognized following the 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: Note C - Indirect Costs
The City of Blaine, Minnesota did not elect to use the 10% de minimis cost rate as allowed under the Uniform Guidance.
The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal award activity of City
of Blaine, Minnesota for the year ended December 31, 2023. The information in this Schedule is presented in
accordance with the requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative
Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Therefore, some
amounts presented in this schedule may differ from amounts presented in, or used in the presentation of, the financial
statements.
Title: Note D - Subrecipients
Accounting Policies: Note B - Summary of Significant Accounting Policies
Expenditures reported on the Schedule are reported on them modified accrual basis of accounting. Such
expenditures are recognized following the 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: Note C - Indirect Costs
The City of Blaine, Minnesota did not elect to use the 10% de minimis cost rate as allowed under the Uniform Guidance.
The City of Blaine, Minnesota did not pass any federal funds to subrecipients during 2023.