Notes to SEFA
Title: Basis of Presentation
Accounting Policies: Expenditures reported on the Schedule are reported on the modified cash basis of accounting, which is described in Note 1 to the County's financial statements. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certian types of expenditures are not allowable or are limtied as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: Pulaski County, Missouri, did not provide funds to subrecipients in the current year.
The accompanying Schedule of Expenditures of Federal Awards (the Schedule) includes the federal award activity of Pulaski County, Missouri, under programs of the federal government for the year ended December 31, 2023. The information in this Schedule is presented in accordance with the requriements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administration Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Because the Schedule presents only a selected portion of the operations of Pulaski County, it is not intended to and does not present the financial position, changes in net position, or cash flows of Pulaski County, Missouri
Title: Subrecipients
Accounting Policies: Expenditures reported on the Schedule are reported on the modified cash basis of accounting, which is described in Note 1 to the County's financial statements. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certian types of expenditures are not allowable or are limtied as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: Pulaski County, Missouri, did not provide funds to subrecipients in the current year.
Pulaski County, Missouri, did not provide funds to subrecipients in the current year.