Notes to SEFA
Title: NOTE A – BASIS OF PRESENTATION
Accounting Policies: Council has segregated accounts for each grant and completes the shells using information directly from its system. Notes and SEFA are approved by the Director
De Minimis Rate Used: N
Rate Explanation: Council did have any indirect cost
The accompanying Schedule of Expenditures of Federal Awards (the Schedule) includes the federal award activity of the Cuyahoga County Family and Children First Council (the Council) under programs of the federal government for the year ended December 31, 2023. The information on this Schedule is prepared 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 Council, it is not intended to and does not present the financial position or changes in net position of the Council.
Title: NOTE B – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Accounting Policies: Council has segregated accounts for each grant and completes the shells using information directly from its system. Notes and SEFA are approved by the Director
De Minimis Rate Used: N
Rate Explanation: Council did have any indirect cost
Expenditures reported on the Schedule are reported on the cash basis of accounting
Title: NOTE C – INDIRECT COST RATE
Accounting Policies: Council has segregated accounts for each grant and completes the shells using information directly from its system. Notes and SEFA are approved by the Director
De Minimis Rate Used: N
Rate Explanation: Council did have any indirect cost
The Council has elected not to use the 10-percent de minimis indirect cost rate as allowed under the Uniform Guidance.