Notes to SEFA
Accounting Policies: The accompanying schedule of expenditures of federal awards includes the federal grant activity of the County and is presented on the modified accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of 2 CFR part200, OMBs Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards. Therefore, some amounts presented in this schedule may fiffer from amounts presented in, or used in the preparation of, the basic financial statements.
Measurement focus
The determination of when an award is expended is based on when the activity related to the award occurred
De Minimis Rate Used: N
Rate Explanation: The County chose not to use the 10% de minimis cost rate for the fiscal year ended June 30, 2024.