Notes to SEFA
Title: BASIS OF PRESENTATION
Accounting Policies: Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to the reimbursement. Negative amounts shown on the Schedule represent adjustment or credits made in the normal course of business for amounts reported as expenditures in prior years.
De Minimis Rate Used: N
Rate Explanation: The Township did not elect to use the De Minimis rate for indirect costs
The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal award activity of South Whitehall Township 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 South Whitehall Township, it is not intended to and does not present the financial position, changes in net position, or cash flows of South Whitehall Township.