Title: General
Accounting Policies: The accompanying schedule of expenditures of federal awards present the federal financial assistance programs of the Pueble of Jemez Housing Authority (the "Authority"). The information in this schedule is presented in accordance with Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administration 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 basic financial statements.
De Minimis Rate Used: N
Rate Explanation: The Authority has elected not to use the ten percent (10%) de minimis indirect cost rate allowed under the Uniform Guidance but does charge indirect costs when specificially allowed for by the grants.
The accompanying schedule of expenditures of federal awards present the federal financial assistance programs of the Pueble of Jemez Housing Authority (the "Authority"). The information in this schedule is presented in accordance with Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administration 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 basic financial statements.
Title: Basis of Accounting
Accounting Policies: The accompanying schedule of expenditures of federal awards present the federal financial assistance programs of the Pueble of Jemez Housing Authority (the "Authority"). The information in this schedule is presented in accordance with Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administration 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 basic financial statements.
De Minimis Rate Used: N
Rate Explanation: The Authority has elected not to use the ten percent (10%) de minimis indirect cost rate allowed under the Uniform Guidance but does charge indirect costs when specificially allowed for by the grants.
Expenditures reported in the accompanying schedule of expenditures of federal awards are reported using the 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. The Authority has elected not to use the ten percent (10%) de minimis indirect cost rate allowed under the Uniform Guidance but does charge indirect costs when specificially allowed for by the grants.
Title: Reconciliation to the Financial Statements
Accounting Policies: The accompanying schedule of expenditures of federal awards present the federal financial assistance programs of the Pueble of Jemez Housing Authority (the "Authority"). The information in this schedule is presented in accordance with Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administration 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 basic financial statements.
De Minimis Rate Used: N
Rate Explanation: The Authority has elected not to use the ten percent (10%) de minimis indirect cost rate allowed under the Uniform Guidance but does charge indirect costs when specificially allowed for by the grants.
See the Notes ot the SEFA for chart/table
Title: Federal Award Identification Numbers
Accounting Policies: The accompanying schedule of expenditures of federal awards present the federal financial assistance programs of the Pueble of Jemez Housing Authority (the "Authority"). The information in this schedule is presented in accordance with Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administration 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 basic financial statements.
De Minimis Rate Used: N
Rate Explanation: The Authority has elected not to use the ten percent (10%) de minimis indirect cost rate allowed under the Uniform Guidance but does charge indirect costs when specificially allowed for by the grants.
The federal granting agency is responsible for providing the Authority with the Assistance Listing Numbers (ALN) for each grant or contract. In cases where the federal granting agency did not provide the ALN to the Authority, other available indentifying numbers are presented on the schedule of expenditures of federal awards.