Notes to SEFA
Accounting Policies: 1. GENERAL
The accompanying schedules of Expenditures of Federal and State Awards (the "Schedules"), presents the activity of all federal financial assistance programs of San Patricio County, Texas (the "County"), for the year ended December 31, 2024. The County's reporting entity is defined in Note 1 to the County's financial statements. Federal financial assistance received directly from federal agencies and other agencies are included in the Schedule.
2. BASIS OF ACCOUNTING
The accompanying Schedules are presented using the modified accrual basis of accounting, which is described in Note 1 to the County's financial statements.
3. INDIRECT COSTS
The County did not elect to use a de minimis cost rate of 10% as described at 2 CFR §200.414(f)—Indirect (F&A) costs.
4. PASS THROUGH EXPENDITURES
None of the federal programs expended by the County were provided to subrecipients.
De Minimis Rate Used: N
Rate Explanation: The County does not use the de minimis cost rate