Notes to SEFA
Title: BASIS OF PRESENTATION
Accounting Policies: Expenditures reported on the accompanying schedule of expenditures of federal awards (the
"Schedule") are reported on the accrual basis of accounting. Such expenditures are recognized
following the cost principles contained in the Uniform Guidance, wherein certain types of
expenditures are not allowable or are limited as to reimbursement. Negative amounts shown on
the Schedule represent adjustments or credits made in the normal course of business to
amounts reported as expenditures in prior years.
De Minimis Rate Used: N
Rate Explanation: Grand Forks-East Grand Forks Metropolitan Planning Organization has not elected to use the
10-percent de minimis indirect cost rate as allowed under the Uniform Guidance.
The Schedule includes the federal award activity of Grand Forks-East Grand Forks Metropolitan
Planning Organization under programs of the federal government for the year ended December
31, 2024. 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). Because the
Schedule presents only a selected portion of the operations of Grand Forks-East Grand Forks
Metropolitan Planning Organization, it is not intended to and does not present the financial
position or changes in net position of the Organization.
Title: PASS-THROUGH ENTITIES
Accounting Policies: Expenditures reported on the accompanying schedule of expenditures of federal awards (the
"Schedule") are reported on the accrual basis of accounting. Such expenditures are recognized
following the cost principles contained in the Uniform Guidance, wherein certain types of
expenditures are not allowable or are limited as to reimbursement. Negative amounts shown on
the Schedule represent adjustments or credits made in the normal course of business to
amounts reported as expenditures in prior years.
De Minimis Rate Used: N
Rate Explanation: Grand Forks-East Grand Forks Metropolitan Planning Organization has not elected to use the
10-percent de minimis indirect cost rate as allowed under the Uniform Guidance.
All pass-through entities listed above use the same AL numbers as the federal grantors.
Additional identifying numbers have been listed.