Notes to SEFA
Accounting Policies: (1) Expenditures reported on the Schedule SEFSA) are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. (2) Pass-through entity identifying numbers are presented where available. (3) The County did not have an loans or loan guarantees which are subject to reporting requirements for the year.
De Minimis Rate Used: N
Rate Explanation: The County did not elect to use the 10 percent minimis indirect cost rate because they only request direct costs for reimbursement.