Notes to SEFA
Title: SEFA preparation
Accounting Policies: The Schedule of Expenditures of Federal Awards is prepared in accordance with the modified accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
Management has utilized the Cash Management System Grant Auditor Report in preparing theSchedule of Expenditures of Federal Awards.
Title: Reconciliation od SEFA to financial statement revenues
Accounting Policies: The Schedule of Expenditures of Federal Awards is prepared in accordance with the modified accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
Reconciliation of revenues from federal sources per governmental funds financial statements and expenditures per the Schedule of Expenditures of Federal Awards: Revenues from federal sources per June 30, 2022 governmental fund financial statements $3,287,335. National forest reserve not recorded on the Schedule of Expenditures of Federal Awards $1,850. Expenditures per Schedule of Expenditures of Federal Awards $3,285,485.