Notes to SEFA
Title: Basis of Presentation
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards is presented on the accrual basis of accounting. The information in this
schedule is presented in accordance with the requirements of the Uniform Guidance
De Minimis Rate Used: N
Rate Explanation: The City has elected not to use the 10% de minimis indirect cost rate as allowed under the Uniform Guidance.
The accompanying Schedule of Expenditures of Federal Awards is presented on the accrual basis of accounting. The information in this
schedule is presented in accordance with the requirements of the Uniform Guidance
Title: Indirect Cost Rate
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards is presented on the accrual basis of accounting. The information in this
schedule is presented in accordance with the requirements of the Uniform Guidance
De Minimis Rate Used: N
Rate Explanation: The City has elected not to use the 10% de minimis indirect cost rate as allowed under the Uniform Guidance.
The City has elected not to use the 10% de minimis indirect cost rate as allowed under the Uniform Guidance.
Title: Additional Information
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards is presented on the accrual basis of accounting. The information in this
schedule is presented in accordance with the requirements of the Uniform Guidance
De Minimis Rate Used: N
Rate Explanation: The City has elected not to use the 10% de minimis indirect cost rate as allowed under the Uniform Guidance.
Assistance Listing Number 97.036, Disaster Grants - Public Assistance (Presidentially Declared Disasters) includes $238,798 in expenditures that occurred prior to October 1, 2023.