Notes to SEFA
Title: 3. Subrecipients
Accounting Policies: Presented in conformity with generally accepted accounting principles using the modified accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: Montgomery County elected not to use the 10% de minimus cost rate permitted in the Uniform Guidance.
No amounts ($0) were passed-through to subrecipients
Title: 4. Pass-through Identifying Number
Accounting Policies: Presented in conformity with generally accepted accounting principles using the modified accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: Montgomery County elected not to use the 10% de minimus 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: Montgomery County elected not to use the 10% de minimus cost rate permitted in the Uniform Guidance.
Child Nutrition Cluster total $18,132,707; Highway Safety Cluster total $31,271; Special Education Cluster total $9,054,771.
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: Montgomery County elected not to use the 10% de minimus cost rate permitted in the Uniform Guidance.
Total for ALN No. 10.555 is $13,998,407; Total for ALN No. 21.027 is $4,129,389; Total for ALN No. 84.010 is $8,875,301; Total for ALN no. 84.027 is $8,877,126; Total for ALN No. 84.173 is $177,645; Total for ALN No. 84.425 is $21,817,604.
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: Montgomery County elected not to use the 10% de minimus cost rate permitted in the Uniform Guidance.
For the year ended June 30, 2024, Montgomery County received excess military equipment from the U.S. Department of Military valued at $400.
Title: 8. Consolidated Administration
Accounting Policies: Presented in conformity with generally accepted accounting principles using the modified accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: Montgomery County elected not to use the 10% de minimus cost rate permitted in the Uniform Guidance.
See the table in the notes to the SEFA for amounts consolidated for administrative purposes.