Title: 1
Accounting Policies: NOTE 1. BASIS OF PRESENTATION
The accompanying schedule of expenditures of federal awards (the “Schedule”) includes the federal
grant activity of Fairfield County (the “County”) under programs of the federal government for the
year ended June 30, 2024. The information in this Schedule is presented in accordance with the
requirements of Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative
Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance).
Therefore, some amounts presented in the Schedule may differ from amounts presented in, or used
in the preparation of, the basic financial statements.
NOTE 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Basis of Accounting - Expenditures reported on the Schedule are reported on the modified accrual
basis of accounting.
NOTE 3. INDIRECT COST RATE
The County has elected not to use the 10 percent de Minimis indirect cost rate allowed under the
Uniform Guidance.
NOTE 4. SUBRECIPIENTS
The County did not have subrecipients during the fiscal year ended June 30, 2024.
De Minimis Rate Used: N
Rate Explanation: The County has elected not to use the 10 percent de Minimis indirect cost rate allowed under the
Uniform Guidance.
NOTE 1. BASIS OF PRESENTATION
The accompanying schedule of expenditures of federal awards (the “Schedule”) includes the federal
grant activity of Fairfield County (the “County”) under programs of the federal government for the
year ended June 30, 2024. The information in this Schedule is presented in accordance with the
requirements of Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative
Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance).
Therefore, some amounts presented in the Schedule may differ from amounts presented in, or used
in the preparation of, the basic financial statements.
Title: 2
Accounting Policies: NOTE 1. BASIS OF PRESENTATION
The accompanying schedule of expenditures of federal awards (the “Schedule”) includes the federal
grant activity of Fairfield County (the “County”) under programs of the federal government for the
year ended June 30, 2024. The information in this Schedule is presented in accordance with the
requirements of Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative
Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance).
Therefore, some amounts presented in the Schedule may differ from amounts presented in, or used
in the preparation of, the basic financial statements.
NOTE 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Basis of Accounting - Expenditures reported on the Schedule are reported on the modified accrual
basis of accounting.
NOTE 3. INDIRECT COST RATE
The County has elected not to use the 10 percent de Minimis indirect cost rate allowed under the
Uniform Guidance.
NOTE 4. SUBRECIPIENTS
The County did not have subrecipients during the fiscal year ended June 30, 2024.
De Minimis Rate Used: N
Rate Explanation: The County has elected not to use the 10 percent de Minimis indirect cost rate allowed under the
Uniform Guidance.
NOTE 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Basis of Accounting - Expenditures reported on the Schedule are reported on the modified accrual
basis of accounting.
Title: 3
Accounting Policies: NOTE 1. BASIS OF PRESENTATION
The accompanying schedule of expenditures of federal awards (the “Schedule”) includes the federal
grant activity of Fairfield County (the “County”) under programs of the federal government for the
year ended June 30, 2024. The information in this Schedule is presented in accordance with the
requirements of Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative
Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance).
Therefore, some amounts presented in the Schedule may differ from amounts presented in, or used
in the preparation of, the basic financial statements.
NOTE 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Basis of Accounting - Expenditures reported on the Schedule are reported on the modified accrual
basis of accounting.
NOTE 3. INDIRECT COST RATE
The County has elected not to use the 10 percent de Minimis indirect cost rate allowed under the
Uniform Guidance.
NOTE 4. SUBRECIPIENTS
The County did not have subrecipients during the fiscal year ended June 30, 2024.
De Minimis Rate Used: N
Rate Explanation: The County has elected not to use the 10 percent de Minimis indirect cost rate allowed under the
Uniform Guidance.
NOTE 3. INDIRECT COST RATE
The County has elected not to use the 10 percent de Minimis indirect cost rate allowed under the
Uniform Guidance.
Title: 4
Accounting Policies: NOTE 1. BASIS OF PRESENTATION
The accompanying schedule of expenditures of federal awards (the “Schedule”) includes the federal
grant activity of Fairfield County (the “County”) under programs of the federal government for the
year ended June 30, 2024. The information in this Schedule is presented in accordance with the
requirements of Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative
Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance).
Therefore, some amounts presented in the Schedule may differ from amounts presented in, or used
in the preparation of, the basic financial statements.
NOTE 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Basis of Accounting - Expenditures reported on the Schedule are reported on the modified accrual
basis of accounting.
NOTE 3. INDIRECT COST RATE
The County has elected not to use the 10 percent de Minimis indirect cost rate allowed under the
Uniform Guidance.
NOTE 4. SUBRECIPIENTS
The County did not have subrecipients during the fiscal year ended June 30, 2024.
De Minimis Rate Used: N
Rate Explanation: The County has elected not to use the 10 percent de Minimis indirect cost rate allowed under the
Uniform Guidance.
NOTE 4. SUBRECIPIENTS
The County did not have subrecipients during the fiscal year ended June 30, 2024.