Notes to SEFA
Accounting Policies: Reporting Entity:The accompanying schedule of expenditures of federal awards presents the activity or expenditure of all federalawards programs of Lander County, Nevada (the County) for the year ended June 30, 2022. The Countys reportingentity is defined in Note 1 of the basic financial statements. All expenditure of federal awards received directly fromfederal agencies as well as federal awards passed through other government agencies are included in the schedule.Basis of Accounting:This accompanying schedule of expenditures of federal awards has been prepared on the modified accrual basis ofaccounting. The information in this schedule is presented in accordance with the requirements Title 2 U.S. Code ofFederal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements forFederal Awards (Uniform Guidance).Relationship to Basic Financial Statements:Expenditures of federal awards have been reported in the following funds: See the Notes to the SEFA for chart/table. Federal Loans:The County did not have any federal loans for fiscal year 2022.Subrecipients:The County had no subrecipients for fiscal year 2022.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.