Notes to SEFA
Accounting Policies: The accompanying schedule of expenditures of federal awards includes the federal grant activity of Santa Barbara Association of Governments and is presented on the accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of Tif/e 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform
Administrative Requirements, Cost Principles 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. The District has not elected to use the ten percent de minimus cost rate as covered in Section 200.414
Indirect (F&A} casts of the Uniform Guidance.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the deminimis cost rate.