Notes to SEFA
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards includes the federal grant activity of Grant County, Colorado, and is presented on the accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of Title 2, US Code of Federal Regulations, Part 200, Uniform Administrative Requirements, Cost Principales, and Audit Requirements for Federal Awards ("Uniform Guidance"). Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in, the presentation of the basis financial statements.
De Minimis Rate Used: N
Rate Explanation: Expenditures reported on the Schedule of Expenditures of Federal Awards are reported on the accrual basis of accounting.