Notes to SEFA
Title: BASIS OF ACCOUNTING
Accounting Policies: Cash Basis of Accounting
De Minimis Rate Used: Y
Rate Explanation: Allowable under Uniform Guidance
This schedule is prepared on the same basis of accounting as the county’s financial statements. The county uses the cash basis of accounting described in Note 1 of the notes to the Financial Statements.
Title: FEDERAL DE MINIMIS INDIRECT COST RATE
Accounting Policies: Cash Basis of Accounting
De Minimis Rate Used: Y
Rate Explanation: Allowable under Uniform Guidance
The county has elected to use the 10-percent de minimis indirect cost rate allowed under Uniform Guidance.
Title: PROGRAM COSTS
Accounting Policies: Cash Basis of Accounting
De Minimis Rate Used: Y
Rate Explanation: Allowable under Uniform Guidance
The amounts shown as current year expenditures represent only federal grant portions of the program costs. Entire program costs, including the county’s portion, are more than shown. Such expenditures are recognized following, as applicable, either the cost principles in the OMB Circular A-87, Cost Principles for State, Local, and Indian Tribal Governments, or 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, wherein certain types of expenditures are not allowable or are limited as to reimbursement.