Notes to SEFA
Title: 3. Subreceipients
Accounting Policies: Presented in conformity with generally accepted accounting principles using the modified accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: Wilson County elected not to use the 10% de minimis cost rate permitted in the Uniform Guidance.
No amounts ($0) were passed-through to subrecipients
Title: 4. Pass-through Information
Accounting Policies: Presented in conformity with generally accepted accounting principles using the modified accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: Wilson County elected not to use the 10% de minimis cost rate permitted in the Uniform Guidance.
Information not available.
Title: 5. Cluster Totals
Accounting Policies: Presented in conformity with generally accepted accounting principles using the modified accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: Wilson County elected not to use the 10% de minimis cost rate permitted in the Uniform Guidance.
Child Nutrition Cluster total $5,397,514; Special Education Cluster total $4,587,287.
Title: 6. ALN Totals
Accounting Policies: Presented in conformity with generally accepted accounting principles using the modified accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: Wilson County elected not to use the 10% de minimis cost rate permitted in the Uniform Guidance.
Total ALN 10.555 is $4,571,458; Total ALN 21.027 is $6,397,498; Total ALN 84.173 is $108,433; Total ALN 84.425 is $4,244,306.
Title: 7. Excess Military Equipment
Accounting Policies: Presented in conformity with generally accepted accounting principles using the modified accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: Wilson County elected not to use the 10% de minimis cost rate permitted in the Uniform Guidance.
During the year ended June 30, 2024, Wilson County received excess military equipment from the U.S. Department of Military valued at $4,149.