Notes to SEFA
Title: Reconciliation to Financial Statements
Accounting Policies: The accompanying schedule of expenditures of federal awards includes the federal grant activity of the East Baton Rouge Parish Sheriff and is presented on the modified 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). Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of, the basic financial statements.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
The federal grant expenditures are reported within the various expenditure categories of the general fund and are not readily distinguishable to the Schedule of expenditures of Federal Awards. However, revenue is generally recorded for these grants in an amount equal to allowable costs incurred and therefore the following reconciliation to reported federal grant revenue is provided:Total expenditures per SEFA $ 1,787,717FEMA revenues paid in excess of amounts obligated in a prior year 251,289.Revenue expended over collected for Equitable Sharing Program 221,802Other prior year revenues expended in current year (12,492)Federal grants revenue per financial statements $ 2,248,316