Notes to SEFA
Title: Basis of Accounting
Accounting Policies: For Federal expenditures, this schedule is prepared on the same basis of accounting as the Agency’s
financial statements. The Agency uses the accrual basis of accounting for Proprietary funds.
De Minimis Rate Used: N
Rate Explanation: The Agency has not elected to use the 10-percent de minimis indirect cost rate allowed under the Uniform
Guidance.
For Federal expenditures, this schedule is prepared on the same basis of accounting as the Agency's financial statements. The Agency uses the accrual basis of accounting for Proprietary funds.
Title: Federal De Minimis Indirect Cost Rate
Accounting Policies: For Federal expenditures, this schedule is prepared on the same basis of accounting as the Agency’s
financial statements. The Agency uses the accrual basis of accounting for Proprietary funds.
De Minimis Rate Used: N
Rate Explanation: The Agency has not elected to use the 10-percent de minimis indirect cost rate allowed under the Uniform
Guidance.
The Agency has not elected to use the 10-percent de minimis indirect cost rate allowed under the Uniform
Guidance.
Title: Federal Indirect Cost Rate(s)
Accounting Policies: For Federal expenditures, this schedule is prepared on the same basis of accounting as the Agency’s
financial statements. The Agency uses the accrual basis of accounting for Proprietary funds.
De Minimis Rate Used: N
Rate Explanation: The Agency has not elected to use the 10-percent de minimis indirect cost rate allowed under the Uniform
Guidance.
The Agency has used their federally approved indirect rates, all of which are lower than the current year
federally approved indirect rate.
The amount expended includes $63,212 claimed as an indirect cost recovery distributed as follows:
“See the Notes to the SEFA for chart/table”
Title: Program Costs
Accounting Policies: For Federal expenditures, this schedule is prepared on the same basis of accounting as the Agency’s
financial statements. The Agency uses the accrual basis of accounting for Proprietary funds.
De Minimis Rate Used: N
Rate Explanation: The Agency has not elected to use the 10-percent de minimis indirect cost rate allowed under the Uniform
Guidance.
The amounts shown as current year expenditures represent only the federal grant portion of the program
costs. Entire program costs, including the Puget Sound Clean Air Agency’s portion, are more than shown.
Such expenditures are recognized following, as applicable, either the cost principles in the OMB Circular A-
87, Cost Principles for State, Local, and Indian Tribal Governments, or the cost principles contained in Title 2
U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit
Requirements for Federal Awards, wherein certain types of expenditures are not allowable or are limited as
to reimbursement.