Title: Note 1 – Significant Accounting Policies
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards (SEFA) presents the activity of all federal
award programs of the City of San Juan Bautista, California (the City). Federal awards received directly from
federal agencies as well as federal awards passed through other nonfederal agencies, primarily the State of
California, are included in the SEFA. The City’s reporting entity is defined in Note 1 to the City’s basic
financial statements.
De Minimis Rate Used: N
Rate Explanation: The City did not elect to use the 10% de minimus cost rate as covered in 2 CFR §200.414.
The accompanying Schedule of Expenditures of Federal Awards (SEFA) presents the activity of all federal
Title: Note 2 – Basis of Accounting
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards (SEFA) presents the activity of all federal
award programs of the City of San Juan Bautista, California (the City). Federal awards received directly from
federal agencies as well as federal awards passed through other nonfederal agencies, primarily the State of
California, are included in the SEFA. The City’s reporting entity is defined in Note 1 to the City’s basic
financial statements.
De Minimis Rate Used: N
Rate Explanation: The City did not elect to use the 10% de minimus cost rate as covered in 2 CFR §200.414.
The accompanying SEFA is presented using the modified accrual basis of accounting for grants accounted for
in the governmental fund types and the accrual basis of accounting for grants accounted for in the proprietary
fund types, as described in Note 1 to the City’s basic financial statements. The information in the SEFA is
presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations (CFR) part 200
Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform
Guidance). Therefore, some amounts presented in, or used in the preparation of, the SEFA may differ from
amounts presented in the basic financial statements.
Title: Note 3 – Assistance Listing Numbers
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards (SEFA) presents the activity of all federal
award programs of the City of San Juan Bautista, California (the City). Federal awards received directly from
federal agencies as well as federal awards passed through other nonfederal agencies, primarily the State of
California, are included in the SEFA. The City’s reporting entity is defined in Note 1 to the City’s basic
financial statements.
De Minimis Rate Used: N
Rate Explanation: The City did not elect to use the 10% de minimus cost rate as covered in 2 CFR §200.414.
The Assistance Listing Numbers included in the accompanying SEFA were determined based on program
name, review of grant contract information, and the Office of Management and Budget’s Catalog of Federal
Domestic Assistance.
Title: Note 4 – Relationship to the Financial Statements
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards (SEFA) presents the activity of all federal
award programs of the City of San Juan Bautista, California (the City). Federal awards received directly from
federal agencies as well as federal awards passed through other nonfederal agencies, primarily the State of
California, are included in the SEFA. The City’s reporting entity is defined in Note 1 to the City’s basic
financial statements.
De Minimis Rate Used: N
Rate Explanation: The City did not elect to use the 10% de minimus cost rate as covered in 2 CFR §200.414.
Expenditures of federal awards are reported in the City’s basic financial statements as expenditures/expenses
in the General Fund, nonmajor special revenue funds, nonmajor capital project funds, and the enterprise funds.
Title: Note 5 – Indirect Cost Rate
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards (SEFA) presents the activity of all federal
award programs of the City of San Juan Bautista, California (the City). Federal awards received directly from
federal agencies as well as federal awards passed through other nonfederal agencies, primarily the State of
California, are included in the SEFA. The City’s reporting entity is defined in Note 1 to the City’s basic
financial statements.
De Minimis Rate Used: N
Rate Explanation: The City did not elect to use the 10% de minimus cost rate as covered in 2 CFR §200.414.
The City did not elect to use the 10% de minimus cost rate as covered in 2 CFR §200.414.