Title: Note C – Noncash Awards
Accounting Policies: Note A- Basis of Presentation
The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal award activity of East Fork Fire Protection District under programs of the federal government for the year ending June 30, 2024. 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). Because the Schedule present only a selected portion of the operations of East Fork Fire Protection District, it is not intended to and does not present the financial position, changes in net position, or cash flows of East Fork Fire Protection District.
Note B- Summary of Significant Accounting Policies
Expenditures reported on the Schedule are reported on the modified accrual basis of accounting. Such expenditures are recognized following, as applicable, either the cost principles in OMB Circular A-87, Cost Principles for Audits of State, Local, and Indian Tribal Governments, or the cost principles contained in the Uniform Guidance wherein certain types of expenditures are not allowed or are limited as reimbursement. When applicable, negative amount shown on the Schedule represent adjustments or credits made in the normal course of business as expenditures in prior years.
De Minimis Rate Used: N
Rate Explanation: The District has elected not to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance.
The District received self-contained breathing apparatus’s (SCBA) with an in-kind value of $481,818 under a federal award program.
Title: Note D – Subrecipients
Accounting Policies: Note A- Basis of Presentation
The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal award activity of East Fork Fire Protection District under programs of the federal government for the year ending June 30, 2024. 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). Because the Schedule present only a selected portion of the operations of East Fork Fire Protection District, it is not intended to and does not present the financial position, changes in net position, or cash flows of East Fork Fire Protection District.
Note B- Summary of Significant Accounting Policies
Expenditures reported on the Schedule are reported on the modified accrual basis of accounting. Such expenditures are recognized following, as applicable, either the cost principles in OMB Circular A-87, Cost Principles for Audits of State, Local, and Indian Tribal Governments, or the cost principles contained in the Uniform Guidance wherein certain types of expenditures are not allowed or are limited as reimbursement. When applicable, negative amount shown on the Schedule represent adjustments or credits made in the normal course of business as expenditures in prior years.
De Minimis Rate Used: N
Rate Explanation: The District has elected not to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance.
East Fork Fire Protection District did not pass any federal awards received to any other government or not-for profit agencies.
Title: Note E – Matching Requirements
Accounting Policies: Note A- Basis of Presentation
The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal award activity of East Fork Fire Protection District under programs of the federal government for the year ending June 30, 2024. 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). Because the Schedule present only a selected portion of the operations of East Fork Fire Protection District, it is not intended to and does not present the financial position, changes in net position, or cash flows of East Fork Fire Protection District.
Note B- Summary of Significant Accounting Policies
Expenditures reported on the Schedule are reported on the modified accrual basis of accounting. Such expenditures are recognized following, as applicable, either the cost principles in OMB Circular A-87, Cost Principles for Audits of State, Local, and Indian Tribal Governments, or the cost principles contained in the Uniform Guidance wherein certain types of expenditures are not allowed or are limited as reimbursement. When applicable, negative amount shown on the Schedule represent adjustments or credits made in the normal course of business as expenditures in prior years.
De Minimis Rate Used: N
Rate Explanation: The District has elected not to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance.
Certain Federal programs require the East Fork Fire Protection District to contribute non-Federal funds (matching funds) to support the Federally Funded programs. East Fork Fire Protection District has met its matching requirements. The Schedule does not include the expenditure for non-Federal matching funds.