Notes to SEFA
Title: Basis of presentation
Accounting Policies: Expenditures reported in the Schedule are reported on the cash 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. The pass-through entity identifying
numbers are presented where available.
De Minimis Rate Used: N
Rate Explanation: The County has elected not to use the 10 percent de minimis indirect cost rate to recover indirect costs,
as allowed under the Uniform Guidance.
The accompanying schedule of expenditures of federal awards (the “Schedule”) includes the federal grant
activity of the County of Hawai‘i, State of Hawai‘i (the “County”) under programs of the federal government
for the year ended June 30, 2024. The information in the 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 (the “Uniform Guidance”). Because the
Schedule presents only a selected portion of the operations of the County, it is not intended to and does not
present the financial position, changes in net position, or cash flows of the County.