Notes to SEFA
Accounting Policies: Expenditures reported on the Schedule are reported on the accrual or modified accrual
basis of accounting. Such expenditures are recognized following the cost principles
contained in the Uniform Guidance for all awards. Under these principles, certain types of
expenditures are not allowable or are limited as to reimbursement. Negative amounts shown
on the Schedule represent adjustments or credits made in the normal course of business to
amounts reported as expenditures in prior years.
De Minimis Rate Used: N
Rate Explanation: Eau Claire County has elected not to use the 10-percent de minimis indirect cost rate
allowed under the Uniform Guidance.