Notes to SEFA
Title: 3. Subrecipients
Accounting Policies: The schedule is presented in conformity with generally accepted accounting principles using the modified accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: Grundy County did not use the de minimis cost rate.
No amounts ($0)were passed through to subrecipients.
Title: 4. Pass-Through Information
Accounting Policies: The schedule is presented in conformity with generally accepted accounting principles using the modified accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: Grundy County did not use the de minimis cost rate.
Information not Available
Title: 5. Cluster Totals
Accounting Policies: The schedule is presented in conformity with generally accepted accounting principles using the modified accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: Grundy County did not use the de minimis cost rate.
Child Nutrition Cluster total $1,290,130; Highway Safety Cluster total $4,450; Special Education Cluster total $714,537.
Title: 6. ALN Totals
Accounting Policies: The schedule is presented in conformity with generally accepted accounting principles using the modified accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: Grundy County did not use the de minimis cost rate.
Total for ALN No. 10.555 is $895,595; Total for ALN No. 21.027 is $2,764,003; Total for ALN No. 84.027 is $682,685; Total for ALN No. 84.173 is $31,852; Total for ALN No. 84.425 is $3,748,807.
Title: 7. Consolidated Administration
Accounting Policies: The schedule is presented in conformity with generally accepted accounting principles using the modified accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: Grundy County did not use the de minimis cost rate.
See the notes to the SEFA for table of amounts consolidated for administrative purposes.