Notes to SEFA
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards (the Schedule) presents the activity of each Federal program for the year ended September 30, 2022. The information in this Schedule is presented 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). The purpose of the Schedule is to present, in summary form, total expenditures of federal awards received by JEA for the year ended September 30, 2022. The Schedule is prepared on the accrual basis of accounting in accordance with accounting principles generally accepted in the United States of America. The information in this Schedule is presented in accordance with the requirements of the Uniform Guidance. Because the Schedule presents only a selected portion of the results of operations of JEA, it is not intended to and does not present either the financial position or results of operations of JEA. Expenditures awarded from the Federal Emergency Management Agency (FEMA) under Assistance Listing No. 97.036 are presented on the Schedule when FEMA approves the Project Worksheet (PW). For the year ended September 30, 2022, the Schedule includes expenditures amounting to $3,133,704 that were incurred in prior years, but the PW was not approved until the fiscal year ended September 30, 2022. In April 2021, JEA was a subrecipient of the City of Jacksonvilles COVID-19 Emergency Rental Assistance (ERA) award from the U.S. Treasury Department, Assistance Listing No. 21.023. For the year ended September 30, 2022, the Schedule includes the portion of the award that was used to assist customers with their utility accounts during that time.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.