Audit 364995

Title: NOTE 1. BASIS OF PRESENTATION Accounting Policies: The accompanying schedule of expenditures of federal awards is presented using the modified cash basis of accounting, which is described in Note 1 to the District’s basic financial statements. Amounts reported in the accompanying schedule agree with the amounts reported in the related federal financial reports unless there are timing differences. De Minimis Rate Used: N Rate Explanation: The auditee uses direct costs. The accompanying schedule of expenditures of federal awards (Schedule) includes the activity of all federal grants of the Eureka-Goodfield Fire Protection District (the “District”) under programs of the federal government for the year ended April 30, 2025. 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 operation of the District, it is not intended to and does not present the financial position or changes in net position of the District. The District’s reporting entity is defined in Note 1 to the District’s basic financial statements. Federal awards received directly from federal agencies as well as federal awards passed through other government agencies are included on the schedule.

Title: NOTE 2. SUMMARY OF SIGNIFICANT ACCOUNTING PRINCIPLES Accounting Policies: The accompanying schedule of expenditures of federal awards is presented using the modified cash basis of accounting, which is described in Note 1 to the District’s basic financial statements. Amounts reported in the accompanying schedule agree with the amounts reported in the related federal financial reports unless there are timing differences. De Minimis Rate Used: N Rate Explanation: The auditee uses direct costs. The accompanying schedule of expenditures of federal awards is presented using the modified cash basis of accounting, which is described in Note 1 to the District’s basic financial statements. Amounts reported in the accompanying schedule agree with the amounts reported in the related federal financial reports unless there are timing differences.

Title: NOTE 3. OTHER NONCASH ASSISTANCE Accounting Policies: The accompanying schedule of expenditures of federal awards is presented using the modified cash basis of accounting, which is described in Note 1 to the District’s basic financial statements. Amounts reported in the accompanying schedule agree with the amounts reported in the related federal financial reports unless there are timing differences. De Minimis Rate Used: N Rate Explanation: The auditee uses direct costs. The District did not receive any federal awards in the form of noncash assistance for insurance in effect during the year, loans, or loan guarantees.

Title: NOTE 4. INDIRECT COST RATE Accounting Policies: The accompanying schedule of expenditures of federal awards is presented using the modified cash basis of accounting, which is described in Note 1 to the District’s basic financial statements. Amounts reported in the accompanying schedule agree with the amounts reported in the related federal financial reports unless there are timing differences. De Minimis Rate Used: N Rate Explanation: The auditee uses direct costs. The District has elected not to use the 10-percent de minimis indirect cost rate as allowed under the Uniform Guidance.