Notes to SEFA
Title: Note 1 - Basis of Presentation
Accounting Policies: Expenditures reported on the schedule of expenditures of federal awards is reported on the accrual basis of accounting. 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
De Minimis Rate Used: N
Rate Explanation: The County has elected not to use the de minimis 10% indirect cost rate allowed by the Uniform Guidance.
The accompanying schedule of expenditures of federal awards presents the activity of all federal financial assistance programs of the County of Carbon (the County) and the Pocono Counties Workforce Investment Area. The reporting entity is defined in Note 1 to the County's financial statements
Title: Note 2 - Summary of Significant Accounting Policies
Accounting Policies: Expenditures reported on the schedule of expenditures of federal awards is reported on the accrual basis of accounting. 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
De Minimis Rate Used: N
Rate Explanation: The County has elected not to use the de minimis 10% indirect cost rate allowed by the Uniform Guidance.
Expenditures reported on the schedule of expenditures of federal awards is reported on the accrual basis of accounting. 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
Title: Note 3: Indirect Cost Rate
Accounting Policies: Expenditures reported on the schedule of expenditures of federal awards is reported on the accrual basis of accounting. 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
De Minimis Rate Used: N
Rate Explanation: The County has elected not to use the de minimis 10% indirect cost rate allowed by the Uniform Guidance.
The County has elected not to sue the de Minimus 10% indirect cost rate allowed by the Uniform Guidance.
Title: Note 4: Program Clusters
Accounting Policies: Expenditures reported on the schedule of expenditures of federal awards is reported on the accrual basis of accounting. 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
De Minimis Rate Used: N
Rate Explanation: The County has elected not to use the de minimis 10% indirect cost rate allowed by the Uniform Guidance.
The following Program Clusters as defined by OMB Compliance supplement were treated as single programs for determining major Programs: