Notes to SEFA
Accounting Policies: NOTE 1. BASIS OF PRESENTATION
The accompanying Schedule of Expenditures of Federal Awards includes the federal grant activity of
the City of Glennville, Georgia (the “City”), and is presented on the modified accrual basis of
accounting.
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. 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. DE MINIMIS INDIRECT COST RATE
The City chose not to use the 10% de minimis cost rate for the year ended June 30, 2024.
NOTE 3. NON-CASH AWARDS
The City did not receive non-cash federal awards during the year ended June 30, 2024.
NOTE 4. SUBRECIPIENTS
The City did not pass through any grant funds to subrecipients for the year ended June 30, 2024.
De Minimis Rate Used: N
Rate Explanation: During FY24, the City did not use the de-minimis indirect cost rate.