Notes to SEFA
Title: A. Basis of Presentation
Accounting Policies: The accompanying schedule of expenditures of federal awards includes the federal grant activity of the City of Douglas, Georgia and is presented on the modified accrual basis of accounting. Under the modified accrual basis of accounting, revenues are recorded when they are both measureable and available.
De Minimis Rate Used: N
Rate Explanation: The entity elected not to use the de minimis cost rate as it received no eligible awards.
The accompanying schedule of expenditures of federal awards includes the federal grant activity of the City of Douglas, Georgia and is presented on the modified accrual basis of accounting. Under the modified accrual basis of accounting, revenues are recorded when they are both measureable and available.
Title: B. Indirect Cost Rate
Accounting Policies: The accompanying schedule of expenditures of federal awards includes the federal grant activity of the City of Douglas, Georgia and is presented on the modified accrual basis of accounting. Under the modified accrual basis of accounting, revenues are recorded when they are both measureable and available.
De Minimis Rate Used: N
Rate Explanation: The entity elected not to use the de minimis cost rate as it received no eligible awards.
The amounts expended include $0 claimed as an indirect cost recovery. The City of Douglas, Georgia has not elected to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance.