Title: DUVAL COUNTY CONSERVATION RECLAMATION DISTRICT NOTES ON ACCOUNTING POLICIES FOR FEDERAL A WARDS YEAR ENDED SEPTEMBER 30, 2024
Accounting Policies: FOR ALL FEDERAL PROGRAMS, THE DISTRICT USES THE FUND TYPES SPECIFIED BY THE GOVERNMENTAL GENERALLY ACCEPTED ACCOUNTING PRINCIPLES.
De Minimis Rate Used: N
Rate Explanation: THE DISTRICT DOES NOT USE ANY INDIRECT COST RATES SUCH AS THE 10% DEMINIMIS RATE TO THE GRNTS.
1. For all Federal programs, the District uses the fund types specified by the governmental generally
Title: DUVAL COUNTY CONSERVATION RECLAMATION DISTRICT NOTES ON ACCOUNTING POLICIES FOR FEDERAL A WARDS YEAR ENDED SEPTEMBER 30, 2024
Accounting Policies: FOR ALL FEDERAL PROGRAMS, THE DISTRICT USES THE FUND TYPES SPECIFIED BY THE GOVERNMENTAL GENERALLY ACCEPTED ACCOUNTING PRINCIPLES.
De Minimis Rate Used: N
Rate Explanation: THE DISTRICT DOES NOT USE ANY INDIRECT COST RATES SUCH AS THE 10% DEMINIMIS RATE TO THE GRNTS.
accepted accounting principles. Special revenue funds are used to account for resources restricted to, or
Title: DUVAL COUNTY CONSERVATION RECLAMATION DISTRICT NOTES ON ACCOUNTING POLICIES FOR FEDERAL A WARDS YEAR ENDED SEPTEMBER 30, 2024
Accounting Policies: FOR ALL FEDERAL PROGRAMS, THE DISTRICT USES THE FUND TYPES SPECIFIED BY THE GOVERNMENTAL GENERALLY ACCEPTED ACCOUNTING PRINCIPLES.
De Minimis Rate Used: N
Rate Explanation: THE DISTRICT DOES NOT USE ANY INDIRECT COST RATES SUCH AS THE 10% DEMINIMIS RATE TO THE GRNTS.
designated for, specific purposes by a grantor. Federal and state financial assistance generally is accounted
Title: DUVAL COUNTY CONSERVATION RECLAMATION DISTRICT NOTES ON ACCOUNTING POLICIES FOR FEDERAL A WARDS YEAR ENDED SEPTEMBER 30, 2024
Accounting Policies: FOR ALL FEDERAL PROGRAMS, THE DISTRICT USES THE FUND TYPES SPECIFIED BY THE GOVERNMENTAL GENERALLY ACCEPTED ACCOUNTING PRINCIPLES.
De Minimis Rate Used: N
Rate Explanation: THE DISTRICT DOES NOT USE ANY INDIRECT COST RATES SUCH AS THE 10% DEMINIMIS RATE TO THE GRNTS.
for in a Special Revenue Fund.
Title: DUVAL COUNTY CONSERVATION RECLAMATION DISTRICT NOTES ON ACCOUNTING POLICIES FOR FEDERAL A WARDS YEAR ENDED SEPTEMBER 30, 2024
Accounting Policies: FOR ALL FEDERAL PROGRAMS, THE DISTRICT USES THE FUND TYPES SPECIFIED BY THE GOVERNMENTAL GENERALLY ACCEPTED ACCOUNTING PRINCIPLES.
De Minimis Rate Used: N
Rate Explanation: THE DISTRICT DOES NOT USE ANY INDIRECT COST RATES SUCH AS THE 10% DEMINIMIS RATE TO THE GRNTS.
2. The accounting and financial reporting treatment applied to a fund is determined by its measurement
Title: DUVAL COUNTY CONSERVATION RECLAMATION DISTRICT NOTES ON ACCOUNTING POLICIES FOR FEDERAL A WARDS YEAR ENDED SEPTEMBER 30, 2024
Accounting Policies: FOR ALL FEDERAL PROGRAMS, THE DISTRICT USES THE FUND TYPES SPECIFIED BY THE GOVERNMENTAL GENERALLY ACCEPTED ACCOUNTING PRINCIPLES.
De Minimis Rate Used: N
Rate Explanation: THE DISTRICT DOES NOT USE ANY INDIRECT COST RATES SUCH AS THE 10% DEMINIMIS RATE TO THE GRNTS.
focus. The Governmental Fund types are accounted for using a current financial resources measurement
Title: DUVAL COUNTY CONSERVATION RECLAMATION DISTRICT NOTES ON ACCOUNTING POLICIES FOR FEDERAL A WARDS YEAR ENDED SEPTEMBER 30, 2024
Accounting Policies: FOR ALL FEDERAL PROGRAMS, THE DISTRICT USES THE FUND TYPES SPECIFIED BY THE GOVERNMENTAL GENERALLY ACCEPTED ACCOUNTING PRINCIPLES.
De Minimis Rate Used: N
Rate Explanation: THE DISTRICT DOES NOT USE ANY INDIRECT COST RATES SUCH AS THE 10% DEMINIMIS RATE TO THE GRNTS.
focus. All Federal grant funds were accounted for in a Special Revenue Fund which is a Governmental
Title: DUVAL COUNTY CONSERVATION RECLAMATION DISTRICT NOTES ON ACCOUNTING POLICIES FOR FEDERAL A WARDS YEAR ENDED SEPTEMBER 30, 2024
Accounting Policies: FOR ALL FEDERAL PROGRAMS, THE DISTRICT USES THE FUND TYPES SPECIFIED BY THE GOVERNMENTAL GENERALLY ACCEPTED ACCOUNTING PRINCIPLES.
De Minimis Rate Used: N
Rate Explanation: THE DISTRICT DOES NOT USE ANY INDIRECT COST RATES SUCH AS THE 10% DEMINIMIS RATE TO THE GRNTS.
Fund type. With this measurement focus, only current assets and current liabilities and the fund balance are
Title: DUVAL COUNTY CONSERVATION RECLAMATION DISTRICT NOTES ON ACCOUNTING POLICIES FOR FEDERAL A WARDS YEAR ENDED SEPTEMBER 30, 2024
Accounting Policies: FOR ALL FEDERAL PROGRAMS, THE DISTRICT USES THE FUND TYPES SPECIFIED BY THE GOVERNMENTAL GENERALLY ACCEPTED ACCOUNTING PRINCIPLES.
De Minimis Rate Used: N
Rate Explanation: THE DISTRICT DOES NOT USE ANY INDIRECT COST RATES SUCH AS THE 10% DEMINIMIS RATE TO THE GRNTS.
included on the balance sheet. Operating statements of these funds present increases and decreases in net
Title: DUVAL COUNTY CONSERVATION RECLAMATION DISTRICT NOTES ON ACCOUNTING POLICIES FOR FEDERAL A WARDS YEAR ENDED SEPTEMBER 30, 2024
Accounting Policies: FOR ALL FEDERAL PROGRAMS, THE DISTRICT USES THE FUND TYPES SPECIFIED BY THE GOVERNMENTAL GENERALLY ACCEPTED ACCOUNTING PRINCIPLES.
De Minimis Rate Used: N
Rate Explanation: THE DISTRICT DOES NOT USE ANY INDIRECT COST RATES SUCH AS THE 10% DEMINIMIS RATE TO THE GRNTS.
current assets.
Title: DUVAL COUNTY CONSERVATION RECLAMATION DISTRICT NOTES ON ACCOUNTING POLICIES FOR FEDERAL A WARDS YEAR ENDED SEPTEMBER 30, 2024
Accounting Policies: FOR ALL FEDERAL PROGRAMS, THE DISTRICT USES THE FUND TYPES SPECIFIED BY THE GOVERNMENTAL GENERALLY ACCEPTED ACCOUNTING PRINCIPLES.
De Minimis Rate Used: N
Rate Explanation: THE DISTRICT DOES NOT USE ANY INDIRECT COST RATES SUCH AS THE 10% DEMINIMIS RATE TO THE GRNTS.
The modified accrual basis of accounting is used for the Governmental Fund types, and Agency Funds.
Title: DUVAL COUNTY CONSERVATION RECLAMATION DISTRICT NOTES ON ACCOUNTING POLICIES FOR FEDERAL A WARDS YEAR ENDED SEPTEMBER 30, 2024
Accounting Policies: FOR ALL FEDERAL PROGRAMS, THE DISTRICT USES THE FUND TYPES SPECIFIED BY THE GOVERNMENTAL GENERALLY ACCEPTED ACCOUNTING PRINCIPLES.
De Minimis Rate Used: N
Rate Explanation: THE DISTRICT DOES NOT USE ANY INDIRECT COST RATES SUCH AS THE 10% DEMINIMIS RATE TO THE GRNTS.
This basis of accounting recognizes revenues in the accounting period in which they become susceptible to
Title: DUVAL COUNTY CONSERVATION RECLAMATION DISTRICT NOTES ON ACCOUNTING POLICIES FOR FEDERAL A WARDS YEAR ENDED SEPTEMBER 30, 2024
Accounting Policies: FOR ALL FEDERAL PROGRAMS, THE DISTRICT USES THE FUND TYPES SPECIFIED BY THE GOVERNMENTAL GENERALLY ACCEPTED ACCOUNTING PRINCIPLES.
De Minimis Rate Used: N
Rate Explanation: THE DISTRICT DOES NOT USE ANY INDIRECT COST RATES SUCH AS THE 10% DEMINIMIS RATE TO THE GRNTS.
accrual, i.e., both measurable and available, and expenditures in the accounting period in which the fund
Title: DUVAL COUNTY CONSERVATION RECLAMATION DISTRICT NOTES ON ACCOUNTING POLICIES FOR FEDERAL A WARDS YEAR ENDED SEPTEMBER 30, 2024
Accounting Policies: FOR ALL FEDERAL PROGRAMS, THE DISTRICT USES THE FUND TYPES SPECIFIED BY THE GOVERNMENTAL GENERALLY ACCEPTED ACCOUNTING PRINCIPLES.
De Minimis Rate Used: N
Rate Explanation: THE DISTRICT DOES NOT USE ANY INDIRECT COST RATES SUCH AS THE 10% DEMINIMIS RATE TO THE GRNTS.
liability is incurred, if measurable, except for un-matured interest on General Long-Term Debt, which is
Title: DUVAL COUNTY CONSERVATION RECLAMATION DISTRICT NOTES ON ACCOUNTING POLICIES FOR FEDERAL A WARDS YEAR ENDED SEPTEMBER 30, 2024
Accounting Policies: FOR ALL FEDERAL PROGRAMS, THE DISTRICT USES THE FUND TYPES SPECIFIED BY THE GOVERNMENTAL GENERALLY ACCEPTED ACCOUNTING PRINCIPLES.
De Minimis Rate Used: N
Rate Explanation: THE DISTRICT DOES NOT USE ANY INDIRECT COST RATES SUCH AS THE 10% DEMINIMIS RATE TO THE GRNTS.
recognized when due, and certain compensated absences and claims and judgments, which are recognized
Title: DUVAL COUNTY CONSERVATION RECLAMATION DISTRICT NOTES ON ACCOUNTING POLICIES FOR FEDERAL A WARDS YEAR ENDED SEPTEMBER 30, 2024
Accounting Policies: FOR ALL FEDERAL PROGRAMS, THE DISTRICT USES THE FUND TYPES SPECIFIED BY THE GOVERNMENTAL GENERALLY ACCEPTED ACCOUNTING PRINCIPLES.
De Minimis Rate Used: N
Rate Explanation: THE DISTRICT DOES NOT USE ANY INDIRECT COST RATES SUCH AS THE 10% DEMINIMIS RATE TO THE GRNTS.
when the obligations are expected to be liquidated with expendable available financial resources.
Title: DUVAL COUNTY CONSERVATION RECLAMATION DISTRICT NOTES ON ACCOUNTING POLICIES FOR FEDERAL A WARDS YEAR ENDED SEPTEMBER 30, 2024
Accounting Policies: FOR ALL FEDERAL PROGRAMS, THE DISTRICT USES THE FUND TYPES SPECIFIED BY THE GOVERNMENTAL GENERALLY ACCEPTED ACCOUNTING PRINCIPLES.
De Minimis Rate Used: N
Rate Explanation: THE DISTRICT DOES NOT USE ANY INDIRECT COST RATES SUCH AS THE 10% DEMINIMIS RATE TO THE GRNTS.
Federal grant funds are considered to be earned to the extent of expenditures made under the provisions of
Title: DUVAL COUNTY CONSERVATION RECLAMATION DISTRICT NOTES ON ACCOUNTING POLICIES FOR FEDERAL A WARDS YEAR ENDED SEPTEMBER 30, 2024
Accounting Policies: FOR ALL FEDERAL PROGRAMS, THE DISTRICT USES THE FUND TYPES SPECIFIED BY THE GOVERNMENTAL GENERALLY ACCEPTED ACCOUNTING PRINCIPLES.
De Minimis Rate Used: N
Rate Explanation: THE DISTRICT DOES NOT USE ANY INDIRECT COST RATES SUCH AS THE 10% DEMINIMIS RATE TO THE GRNTS.
the grant, and, accordingly, when such funds are received, they are recorded as deferred revenues until
Title: DUVAL COUNTY CONSERVATION RECLAMATION DISTRICT NOTES ON ACCOUNTING POLICIES FOR FEDERAL A WARDS YEAR ENDED SEPTEMBER 30, 2024
Accounting Policies: FOR ALL FEDERAL PROGRAMS, THE DISTRICT USES THE FUND TYPES SPECIFIED BY THE GOVERNMENTAL GENERALLY ACCEPTED ACCOUNTING PRINCIPLES.
De Minimis Rate Used: N
Rate Explanation: THE DISTRICT DOES NOT USE ANY INDIRECT COST RATES SUCH AS THE 10% DEMINIMIS RATE TO THE GRNTS.
earned.
Title: DUVAL COUNTY CONSERVATION RECLAMATION DISTRICT NOTES ON ACCOUNTING POLICIES FOR FEDERAL A WARDS YEAR ENDED SEPTEMBER 30, 2024
Accounting Policies: FOR ALL FEDERAL PROGRAMS, THE DISTRICT USES THE FUND TYPES SPECIFIED BY THE GOVERNMENTAL GENERALLY ACCEPTED ACCOUNTING PRINCIPLES.
De Minimis Rate Used: N
Rate Explanation: THE DISTRICT DOES NOT USE ANY INDIRECT COST RATES SUCH AS THE 10% DEMINIMIS RATE TO THE GRNTS.
The accompanying schedule of expenditures of federal awards includes the federal award activity of
Title: DUVAL COUNTY CONSERVATION RECLAMATION DISTRICT NOTES ON ACCOUNTING POLICIES FOR FEDERAL A WARDS YEAR ENDED SEPTEMBER 30, 2024
Accounting Policies: FOR ALL FEDERAL PROGRAMS, THE DISTRICT USES THE FUND TYPES SPECIFIED BY THE GOVERNMENTAL GENERALLY ACCEPTED ACCOUNTING PRINCIPLES.
De Minimis Rate Used: N
Rate Explanation: THE DISTRICT DOES NOT USE ANY INDIRECT COST RATES SUCH AS THE 10% DEMINIMIS RATE TO THE GRNTS.
Duval County Reclamation Conservation District under programs of the federal government for the year
Title: DUVAL COUNTY CONSERVATION RECLAMATION DISTRICT NOTES ON ACCOUNTING POLICIES FOR FEDERAL A WARDS YEAR ENDED SEPTEMBER 30, 2024
Accounting Policies: FOR ALL FEDERAL PROGRAMS, THE DISTRICT USES THE FUND TYPES SPECIFIED BY THE GOVERNMENTAL GENERALLY ACCEPTED ACCOUNTING PRINCIPLES.
De Minimis Rate Used: N
Rate Explanation: THE DISTRICT DOES NOT USE ANY INDIRECT COST RATES SUCH AS THE 10% DEMINIMIS RATE TO THE GRNTS.
ended September 30, 2024. The information in this Schedule is presented in accordance with the
Title: DUVAL COUNTY CONSERVATION RECLAMATION DISTRICT NOTES ON ACCOUNTING POLICIES FOR FEDERAL A WARDS YEAR ENDED SEPTEMBER 30, 2024
Accounting Policies: FOR ALL FEDERAL PROGRAMS, THE DISTRICT USES THE FUND TYPES SPECIFIED BY THE GOVERNMENTAL GENERALLY ACCEPTED ACCOUNTING PRINCIPLES.
De Minimis Rate Used: N
Rate Explanation: THE DISTRICT DOES NOT USE ANY INDIRECT COST RATES SUCH AS THE 10% DEMINIMIS RATE TO THE GRNTS.
requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative
Title: DUVAL COUNTY CONSERVATION RECLAMATION DISTRICT NOTES ON ACCOUNTING POLICIES FOR FEDERAL A WARDS YEAR ENDED SEPTEMBER 30, 2024
Accounting Policies: FOR ALL FEDERAL PROGRAMS, THE DISTRICT USES THE FUND TYPES SPECIFIED BY THE GOVERNMENTAL GENERALLY ACCEPTED ACCOUNTING PRINCIPLES.
De Minimis Rate Used: N
Rate Explanation: THE DISTRICT DOES NOT USE ANY INDIRECT COST RATES SUCH AS THE 10% DEMINIMIS RATE TO THE GRNTS.
Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance).
Title: DUVAL COUNTY CONSERVATION RECLAMATION DISTRICT NOTES ON ACCOUNTING POLICIES FOR FEDERAL A WARDS YEAR ENDED SEPTEMBER 30, 2024
Accounting Policies: FOR ALL FEDERAL PROGRAMS, THE DISTRICT USES THE FUND TYPES SPECIFIED BY THE GOVERNMENTAL GENERALLY ACCEPTED ACCOUNTING PRINCIPLES.
De Minimis Rate Used: N
Rate Explanation: THE DISTRICT DOES NOT USE ANY INDIRECT COST RATES SUCH AS THE 10% DEMINIMIS RATE TO THE GRNTS.
Because the Schedule presents only a selected portion of the operations of the Duval County Reclamation
Title: DUVAL COUNTY CONSERVATION RECLAMATION DISTRICT NOTES ON ACCOUNTING POLICIES FOR FEDERAL A WARDS YEAR ENDED SEPTEMBER 30, 2024
Accounting Policies: FOR ALL FEDERAL PROGRAMS, THE DISTRICT USES THE FUND TYPES SPECIFIED BY THE GOVERNMENTAL GENERALLY ACCEPTED ACCOUNTING PRINCIPLES.
De Minimis Rate Used: N
Rate Explanation: THE DISTRICT DOES NOT USE ANY INDIRECT COST RATES SUCH AS THE 10% DEMINIMIS RATE TO THE GRNTS.
Conservation District, it is not intended to and does not present the financial position, changes in net
Title: DUVAL COUNTY CONSERVATION RECLAMATION DISTRICT NOTES ON ACCOUNTING POLICIES FOR FEDERAL A WARDS YEAR ENDED SEPTEMBER 30, 2024
Accounting Policies: FOR ALL FEDERAL PROGRAMS, THE DISTRICT USES THE FUND TYPES SPECIFIED BY THE GOVERNMENTAL GENERALLY ACCEPTED ACCOUNTING PRINCIPLES.
De Minimis Rate Used: N
Rate Explanation: THE DISTRICT DOES NOT USE ANY INDIRECT COST RATES SUCH AS THE 10% DEMINIMIS RATE TO THE GRNTS.
position of the District. The District does no use any indirect cost rates such as the 10% demines rate to
Title: DUVAL COUNTY CONSERVATION RECLAMATION DISTRICT NOTES ON ACCOUNTING POLICIES FOR FEDERAL A WARDS YEAR ENDED SEPTEMBER 30, 2024
Accounting Policies: FOR ALL FEDERAL PROGRAMS, THE DISTRICT USES THE FUND TYPES SPECIFIED BY THE GOVERNMENTAL GENERALLY ACCEPTED ACCOUNTING PRINCIPLES.
De Minimis Rate Used: N
Rate Explanation: THE DISTRICT DOES NOT USE ANY INDIRECT COST RATES SUCH AS THE 10% DEMINIMIS RATE TO THE GRNTS.
the grants.