Notes to SEFA
Title: NOTE 1 - BASIS OF PRESENTATION
Accounting Policies: See notes to financials.
De Minimis Rate Used: N
Rate Explanation: N/A
The Schedule of Expenditures of Federal and State Awards includes the federal grant activity of
Planning and Service Area 2 Area Agency on Aging and is presented on an accrual basis. The
information in this schedule is presented in accordance with the requirements of Title 2 U.S. Code
of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit
Requirements for Federal Awards (Uniform Guidance). The amounts reported in the accompanying
Schedule of Expenditures of Federal and State Awards agree, in all material respects, to amounts
reported within Planning and Service Area 2 Area Agency on Aging’s financial statements.
Title: NOTE 2 - PASS-THROUGH ENTITIE’S IDENTIFYING NUMBER
Accounting Policies: See notes to financials.
De Minimis Rate Used: N
Rate Explanation: N/A
When federal awards were received from a pass-through entity, the Schedule of Expenditures of
Federal and State Awards shows, if available, the identifying number assigned by the pass-through
entity. When no identifying number is shown, Planning and Service Area 2 Area Agency on Aging
determined that no identifying number is assigned for the program or the Planning and Service
Area 2 Area Agency on Aging was unable to obtain an identifying number from the pass-through
entity.
Title: NOTE 3 - FEDERAL ASSISTANCE LISTING NUMBERS
Accounting Policies: See notes to financials.
De Minimis Rate Used: N
Rate Explanation: N/A
The Federal assistance listing number included in the accompanying Schedule of Expenditures of
Federal and State Awards was determined based on the program name, review of the awarded
contract, and the Office of Management and Budget’s Federal assistance listing numbers.
Title: NOTE 4 - INDIRECT COSTS
Accounting Policies: See notes to financials.
De Minimis Rate Used: N
Rate Explanation: N/A
Planning and Service Area 2 Area Agency on Aging elected not to use the 10% de minimis cost
rate as covered in the Uniform Guidance Part 200.414 Indirect (F&A) Costs.