Notes to SEFA
The accompanying schedule of expenditures of federal awards includes the federal grant activity of South Central Regional Council of Governments ("SCRCOG"), and is presented on the 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). The schedule presents only a selected portion of the operations of South Central Regional Council of Governments. It is not intended to, and does not present, the financial position or changes in net assets of South Central Regional Council of Governments.
The amounts shown as current year expenses represent only the federal award portion of the program costs. Entire program costs, including the SCRCOG’s and/or State of Connecticut's matching shares, may be more than shown. Such expenditures are recognized following, the cost principles contained in Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards , wherein certain types of expenditures are not allowable or are limited as to reimbursement.