Notes to SEFA
Title: 1
Accounting Policies: The accompanying schedule of expenditures of federal awards and state financial assistance includes the federal and state grant activity of Marion County, Florida
and is presented on the accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of Uniform Guidance and
Chapter 10.550, Rules of the Auditor General . Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in, the
preparation of the financial statements. Marion County received a negotiated cost rate for Federal Awards; therefore, Marion County did not elect the minimus
rate 10% for determining indirect cost amount.
De Minimis Rate Used: N
Rate Explanation: Marion County received a negotiated cost rate for Federal Awards; therefore, Marion County did not elect the minimus
rate 10% for determining indirect cost amount.
Marion County received the following Local Government Water Supply Funding Assistance from WRWSA in FY24: 23-24 Local Government Water Supply Funding 16,042 $9,160.