Notes to SEFA
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards (Schedule) includes the federal grant activity of Curry
County and is presented on the modified accrual basis of accounting, which is the same basis as was used to prepare
the fund financial statements. The information in this Schedule is presented in accordance with the requirements of
Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance).
Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation
of the financial statements.
De Minimis Rate Used: N
Rate Explanation: The County did not elect to use the allowed 10% indirect cost rate.