Notes to SEFA
THE ACCOMPANYING SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS INCLUDES THE FEDERAL GRANT ACTIVITY OF BOUNDARY COUNTY AND IS PRESENTED ON THE MODIFIED ACCRUAL BASIS OF ACCOUNTING. 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). THEREFORE, SOME AMOUNTS PRESENTED IN THIS SCHEDULE MAY DIFFER FROM AMOUNTS PRESENTED IN, OR USED IN THE PREPARATION OF, THE BASIC FINANCIAL STATEMENTS.
FOR PURPOSES OF DISTINGUISHING BETWEEN TYPE A AND TYPE B PROGRAMS, THE DOLLAR THRESHHOLD USED WAS $750,000
IN ACCORDANCE WITH TITLE 2 U.S. CODE OF FEDERAL REGULATIONS PART 200, UNIFORM ADMINISTRATIVE REQUIREMENTS, COST PRINCIPLES, AND AUDIT REQUIREMENTS FOR FEDERAL AWARDS (UNIFORM GUIDANCE), BOUNDARY COUNTY MET THE CRITERIA OF A LOW-RISK AUDITEE. THE MAJOR PROGRAM(S) TESTED WAS: U.S. DEPT. OF TREASURY - CORONAVIRUS STATE AND LOCAL FISCAL RECOVERY FUNDS CFDA #21.027
NO AMOUNTS OF THE MAJOR FEDERAL PROGRAM WERE PASSED THROUGH THE COUNTY TO SUB-RECIPIENTS
BOUNDARY COUNTY DID NOT ELECT TO USE THE 10% DE MINIMUS INDIRECT COST RATE