Notes to SEFA
Title: 3. 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: Overton County elected not to use the 10% de minimis cost rate permitted in the Uniform Guidance.
Cluster Information - Child Nutrition Cluster - $1,516,218; Special Education Cluster - $1,256,451; Aging Cluster - $83,327
Title: 4. Pass-through Information
Accounting Policies: Presented in conformity with generally accepted accounting principles using the modified accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: Overton County elected not to use the 10% de minimis cost rate permitted in the Uniform Guidance.
Information not available
Title: 5. 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: Overton County elected not to use the 10% de minimis cost rate permitted in the Uniform Guidance.
Total for ALN 10.555 - $1,171,020; Total for ALN 21.027 - $181,495; Total for ALN 84.027 - $1,216,123; Total for ALN 84.173- $40,328; Total for ALN. 84.425 - $2,641,801
Title: 6. Pass-through Information
Accounting Policies: Presented in conformity with generally accepted accounting principles using the modified accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: Overton County elected not to use the 10% de minimis cost rate permitted in the Uniform Guidance.
Z-23--THS12 is $4,631, Z-24-THS23 is $3,713.
Title: 7. 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: Overton County elected not to use the 10% de minimis cost rate permitted in the Uniform Guidance.
See the table in the notes to the SEFA for a listing of amounts used for consolidated administration.
Title: 8. 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: Overton County elected not to use the 10% de minimis cost rate permitted in the Uniform Guidance.
See the table in the notes to the SEFA for a listing of amounts paid to subrecipients.