Notes to SEFA
Title: Eligible Expenditures Incurred in the Prior Fiscal Year
Accounting Policies: The schedule of expenditures of federal awards includes the federal grant activity of Logan County, and is presented on the cash basis of accounting. The information in this schedule is presented in accordance with the requirements of the Uniform Guidance.
De Minimis Rate Used: N
Rate Explanation: Auditee used the Cash Basis
On March 27, 2020, the President of the United States signed the COVID-19 Relief Bill into law. Logan County received $2,017,855 in federal relief funds. The County incurred $999,702 in eligible expenditures in the prior fiscal year ending June 30, 2020. These eligible expenditures were from March 1, 2020, through June 30, 2020, and were accounted for in the County’s June 30, 2020, financial statements. Therefore, expenditures on the schedule of expenditures of federal awards for Assistance Listing Number (ALN) 21.019 – Coronavirus Relief Fund includes $999,702. in eligible expenditures incurred in the fiscal year ending June 30, 2020, and $1,018,153 in eligible expenditures incurred in the fiscal year ending June 30, 2021.