Notes to SEFA
The accompanying Schedule of Expenditures of Federal Awards and Other Financial Assistance presents the activity of all financial assistance programs of the Agency. All financial assistance received directly or indirectly from Federal, State, and Local agencies is included in the Schedule.
The accompanying Schedule includes the federal award activity of the Senior Nutrition Program of San Luis Obispo County ( Agency) under programs of the federal government for the year ended June 30, 2023. The information in this Schedule is presented in accordance with the requirements of the 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 Agency, it is not intended to and does not present the financial position, changes in net assets or cash flows of the Agency. See Note 1-L for reconciliation to financial statements.
Expenditures reported on the Schedule are reported on an other comprehensive basis of accounting. Such expenditures are recognized following, as applicable, either the cost principles contained in Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
The Agency has elected not to use the 10-persent de minimus indirect cost rate allowed under the Uniform Guidance.
Expenses for donated services and other in-kind support are excluded from the Agency's financial statements in accordance with FASB ASC 958-605-50-1. Non-financial donations and contributions of professional services and other in-kind support are included in the accompanying Schedule in accordance with other applicable grant agreements, which are described in Note 1-J to the Agency's financial statements.