Title: Loans Outstanding
Accounting Policies: NOTES: (1) Housing loans originated since 2001 and outstanding at year end: Community Development Block Grant-Entitlement 14.218, $978,925. State Housing Initiatives Partnership Program 40.901, $7,998,985. Total $8,977,910. (2) The accompanying Schedule of Expenditures of Federal Awards and State Financial Assistance (the Schedule) presents the activity of all federal programs and state projects of the Leon County Board of County Commissioners for the year ended September 30, 2024. All expenditures related to federal awards and state projects received directly from federal and state agencies, as well as federal awards and state projects passed through other governmental agencies, are included in the accompanying Schedule. The information in this Schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). (3) The Schedule was prepared on the modified accrual basis of accounting. (4) Leon County Board of County Commissioners has not elected to use the 10 percent de minimis indirect cost rate allowed under the Uniform Guidance. (5) No federal assistance was expended in noncash assistance.
De Minimis Rate Used: N
Rate Explanation: Leon County Board of County Commissioners has not elected to use the 10 percent de minimis indirect cost rate allowed under the Uniform Guidance.
(1) Housing loans originated since 2001 and outstanding at year end: Community Development Block Grant-Entitlement 14.218, $978,925. State Housing Initiatives Partnership Program 40.901, $7,998,985. Total $8,977,910.
Title: Summary of Significant Accounting Policies
Accounting Policies: NOTES: (1) Housing loans originated since 2001 and outstanding at year end: Community Development Block Grant-Entitlement 14.218, $978,925. State Housing Initiatives Partnership Program 40.901, $7,998,985. Total $8,977,910. (2) The accompanying Schedule of Expenditures of Federal Awards and State Financial Assistance (the Schedule) presents the activity of all federal programs and state projects of the Leon County Board of County Commissioners for the year ended September 30, 2024. All expenditures related to federal awards and state projects received directly from federal and state agencies, as well as federal awards and state projects passed through other governmental agencies, are included in the accompanying Schedule. The information in this Schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). (3) The Schedule was prepared on the modified accrual basis of accounting. (4) Leon County Board of County Commissioners has not elected to use the 10 percent de minimis indirect cost rate allowed under the Uniform Guidance. (5) No federal assistance was expended in noncash assistance.
De Minimis Rate Used: N
Rate Explanation: Leon County Board of County Commissioners has not elected to use the 10 percent de minimis indirect cost rate allowed under the Uniform Guidance.
(2) The accompanying Schedule of Expenditures of Federal Awards and State Financial Assistance (the Schedule) presents the activity of all federal programs and state projects of the Leon County Board of County Commissioners for the year ended September 30, 2024. All expenditures related to federal awards and state projects received directly from federal and state agencies, as well as federal awards and state projects passed through other governmental agencies, are included in the accompanying Schedule. The information in this Schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance).
Title: Basis of Accounting
Accounting Policies: NOTES: (1) Housing loans originated since 2001 and outstanding at year end: Community Development Block Grant-Entitlement 14.218, $978,925. State Housing Initiatives Partnership Program 40.901, $7,998,985. Total $8,977,910. (2) The accompanying Schedule of Expenditures of Federal Awards and State Financial Assistance (the Schedule) presents the activity of all federal programs and state projects of the Leon County Board of County Commissioners for the year ended September 30, 2024. All expenditures related to federal awards and state projects received directly from federal and state agencies, as well as federal awards and state projects passed through other governmental agencies, are included in the accompanying Schedule. The information in this Schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). (3) The Schedule was prepared on the modified accrual basis of accounting. (4) Leon County Board of County Commissioners has not elected to use the 10 percent de minimis indirect cost rate allowed under the Uniform Guidance. (5) No federal assistance was expended in noncash assistance.
De Minimis Rate Used: N
Rate Explanation: Leon County Board of County Commissioners has not elected to use the 10 percent de minimis indirect cost rate allowed under the Uniform Guidance.
(3) The Schedule was prepared on the modified accrual basis of accounting
Title: Federal Indirect Rate
Accounting Policies: NOTES: (1) Housing loans originated since 2001 and outstanding at year end: Community Development Block Grant-Entitlement 14.218, $978,925. State Housing Initiatives Partnership Program 40.901, $7,998,985. Total $8,977,910. (2) The accompanying Schedule of Expenditures of Federal Awards and State Financial Assistance (the Schedule) presents the activity of all federal programs and state projects of the Leon County Board of County Commissioners for the year ended September 30, 2024. All expenditures related to federal awards and state projects received directly from federal and state agencies, as well as federal awards and state projects passed through other governmental agencies, are included in the accompanying Schedule. The information in this Schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). (3) The Schedule was prepared on the modified accrual basis of accounting. (4) Leon County Board of County Commissioners has not elected to use the 10 percent de minimis indirect cost rate allowed under the Uniform Guidance. (5) No federal assistance was expended in noncash assistance.
De Minimis Rate Used: N
Rate Explanation: Leon County Board of County Commissioners has not elected to use the 10 percent de minimis indirect cost rate allowed under the Uniform Guidance.
(4) Leon County Board of County Commissioners has not elected to use the 10 percent de minimus indirect cost rate allowed under the Uniform Guidance.
Title: Non-Cash Assistance
Accounting Policies: NOTES: (1) Housing loans originated since 2001 and outstanding at year end: Community Development Block Grant-Entitlement 14.218, $978,925. State Housing Initiatives Partnership Program 40.901, $7,998,985. Total $8,977,910. (2) The accompanying Schedule of Expenditures of Federal Awards and State Financial Assistance (the Schedule) presents the activity of all federal programs and state projects of the Leon County Board of County Commissioners for the year ended September 30, 2024. All expenditures related to federal awards and state projects received directly from federal and state agencies, as well as federal awards and state projects passed through other governmental agencies, are included in the accompanying Schedule. The information in this Schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). (3) The Schedule was prepared on the modified accrual basis of accounting. (4) Leon County Board of County Commissioners has not elected to use the 10 percent de minimis indirect cost rate allowed under the Uniform Guidance. (5) No federal assistance was expended in noncash assistance.
De Minimis Rate Used: N
Rate Explanation: Leon County Board of County Commissioners has not elected to use the 10 percent de minimis indirect cost rate allowed under the Uniform Guidance.
(5) No federal assistance was expended in noncash assistance.