Notes to SEFA
Accounting Policies: The accompanying schedule of expenditures of federal awards is a summary of the activity of the City's federal award programs. The schedule has been
prepared using the cash basis of accounting. 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).
De Minimis Rate Used: N
Rate Explanation: The
City did not elect to use the 10‐percent de minimis indirect cost rate as allowed under the Uniform Guidance.