Notes to SEFA
Title: Significant Accounting Policies
Accounting Policies: The acconpanying schedule of expenditures of federal awards includes the federal grant activity of Associated Governments of Northwest Colorado, under programs of the federal government for the year ended December 31, 2023, and is presented on the accrual basis of accounting. 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).
De Minimis Rate Used: N
Rate Explanation: NA
The acconpanying schedule of expenditures of federal awards includes the federal grant activity of Associated Governments of Northwest Colorado, under programs of the federal government for the year ended December 31, 2023, and is presented on the accrual basis of accounting. 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).
Title: De Minimums
Accounting Policies: The acconpanying schedule of expenditures of federal awards includes the federal grant activity of Associated Governments of Northwest Colorado, under programs of the federal government for the year ended December 31, 2023, and is presented on the accrual basis of accounting. 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).
De Minimis Rate Used: N
Rate Explanation: NA
10% De Miinimums rule was NOT Used