Notes to SEFA
The accompanying schedule of expenditures of federal awards includes the federal activity of Delano-Earlimart Irrigation District (The District) under programs of the federal government for the year ended February 28, 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. Because the schedule presents only a selected portion of the operations of the District, it is not intended to and does not present the net position, changes in net position, or cash flows of the District.
Basis of Accounting - Expenditures reported on the schedule of expenditures of federal awards are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance), wherein certain types of expenditures are not allowable or are limited as to reimbursement. The expenditures for the program are reported in the schedule of expenditures of federal awards identify the federal funds received directly from the U.S. Department of Interior. No awards are received from pass-through entities. Matching Costs - Matching costs, the nonfederal share of certain program costs, are not included in the schedule. Indirect Cost Rate - The 10 percent de minimis indirect cost rate allowed under the Uniform Guidance is not used.