Notes to SEFA
Title: Note 1
Accounting Policies: The schedule of expenditures of federal awards includes the federal grant activity of Town
of Amite City and is presented on the accrual basis of accounting. The information in this
schedule is presented in accordance with the requirements of Title 2 U.S. Code of Regualtions Part 200,
Uniform Administrative Requirements, Cost Principles, and Audit Requirments for Federal Awards
(Uniform Guidance).
De Minimis Rate Used: Y
Rate Explanation: The Town of Amite City has elected to use the 10 percent de minimis indirect cost rate allowed under Uniform Guidance.
This schedule of expenditures of federal awards includes the federal grant activity of Town of Amite City and is presented on the accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of Title 2 U.S. Code of Regualtions Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirments for Federal Awards (Uniform Guidance).
Title: Note 2
Accounting Policies: The schedule of expenditures of federal awards includes the federal grant activity of Town
of Amite City and is presented on the accrual basis of accounting. The information in this
schedule is presented in accordance with the requirements of Title 2 U.S. Code of Regualtions Part 200,
Uniform Administrative Requirements, Cost Principles, and Audit Requirments for Federal Awards
(Uniform Guidance).
De Minimis Rate Used: Y
Rate Explanation: The Town of Amite City has elected to use the 10 percent de minimis indirect cost rate allowed under Uniform Guidance.
The Town of Amite City has elected to use the 10 percent de minimis indirect cost rate allowed under Uniform Guidance.