Notes to SEFA
Title: Notes to the Schedule of Expenditures of Federal Awards
Accounting Policies: The City did not provide Federal Assistance to any Subrecipient.
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 Award. Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of the financial statements.
De Minimis Rate Used: N
Rate Explanation: The City did not utilize the 10% deminimus indirect cost rate permitted by the Uniform Guidance.
The City did not provide Federal Assistance to any Subrecipient.
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 Award. Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of the financial statements.
The City did not utilize the 10% deminimus indirect cost rate permitted by the Uniform Guidance.