Notes to SEFA
Title: Note 1
Accounting Policies: The schedule of expenditures of federal awards was prepared in conformity with generally accepted accounting principles.
De Minimis Rate Used: N
Rate Explanation: Furthermore, the Town of Ball has not used the 10% de minimus indirect cost rate
The schedule of expenditures of federal awards was prepared in conformity with generally accepted accounting principles.
Title: Note 2
Accounting Policies: The schedule of expenditures of federal awards was prepared in conformity with generally accepted accounting principles.
De Minimis Rate Used: N
Rate Explanation: Furthermore, the Town of Ball has not used the 10% de minimus indirect cost rate
Furthermore, the Town of Ball has not used the 10% de minimus indirect cost rate