Notes to SEFA
Title: NOTE 1 - BASIS OF PRESENTATION
Accounting Policies: Expenditures reported on the Schedule are reported on the accrual basis of accounting, which is
described in Note 1 to the County’s financial statements. 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.
For purposes of charging indirect costs to federal awards, the County has not elected to use the
10% de minimis cost rate as permitted by §200.414 of the Uniform Guidance.
De Minimis Rate Used: N
Rate Explanation: For purposes of charging indirect costs to federal awards, the County has not elected to use the
10% de minimis cost rate as permitted by §200.414 of the Uniform Guidance.
The Schedule of Expenditures of Federal Awards (the “Schedule”) includes the federal grant
activity of Allegan County, Michigan (the “County”) 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
the County, it is not intended to and does not present the financial position, changes in net position,
or cash flows of the County.
The County’s reporting entity is defined in Note 1 of the County’s financial statement audit report.
The County’s financial statements include the operations of the Allegan County Road Commission
as a discretely presented component unit, which received federal awards that are not included in
the Schedule for the year ended December 31, 2023, as it was separately audited. The County’s
financial statements also include the Allegan County Medical Care Community, an enterprise
fund, which received federal awards that are not included in the Schedule for the year ended
December 31, 2023, as it was separately audited.
Title: NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Accounting Policies: Expenditures reported on the Schedule are reported on the accrual basis of accounting, which is
described in Note 1 to the County’s financial statements. 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.
For purposes of charging indirect costs to federal awards, the County has not elected to use the
10% de minimis cost rate as permitted by §200.414 of the Uniform Guidance.
De Minimis Rate Used: N
Rate Explanation: For purposes of charging indirect costs to federal awards, the County has not elected to use the
10% de minimis cost rate as permitted by §200.414 of the Uniform Guidance.
Expenditures reported on the Schedule are reported on the accrual basis of accounting, which is
described in Note 1 to the County’s financial statements. 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.
For purposes of charging indirect costs to federal awards, the County has not elected to use the
10% de minimis cost rate as permitted by §200.414 of the Uniform Guidance.
Title: NOTE 3 - FISCAL REPORTING
Accounting Policies: Expenditures reported on the Schedule are reported on the accrual basis of accounting, which is
described in Note 1 to the County’s financial statements. 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.
For purposes of charging indirect costs to federal awards, the County has not elected to use the
10% de minimis cost rate as permitted by §200.414 of the Uniform Guidance.
De Minimis Rate Used: N
Rate Explanation: For purposes of charging indirect costs to federal awards, the County has not elected to use the
10% de minimis cost rate as permitted by §200.414 of the Uniform Guidance.
Certain departments report on a different fiscal year than the County. Grants accounted for and
reported on year-ends other than December 31, 2024, are denoted as such in the Schedule with an
asterisk (*) for September 30 year-ends, or a double asterisk (**) for June 30 year-ends.