Notes to SEFA
Accounting Policies: The accompanying schedule of expenditures of federal awards includes the federal grant activity of the
Tarrant County Emergency Services District No. 1 (the District) and is presented on the accrual basis of
accounting. The information in this schedule is presented in accordance with requirements of Title 2 U. S. Code
of Federal Regulations (CFR) Part 200, Uniform Administration Requirements, Cost of Principles, and Audit
Requirements for Federal Awards. Because the schedule presents only a selected portion of the operations of
the District, it is not intended to and does not present the financial position, changes in net position or cash
flows of the District.
De Minimis Rate Used: N
Rate Explanation: Indirect costs shown on the Schedule of Expenditures of Federal Awards are properly credited as revenues.
These indirect cost revenues are determined by applying approved indirect cost rates to actual applicable
expenditures of the projects. The District has elected not to use the 10% de minimis cost rate as covered in
2 CFR Part 200.414, Indirect costs.