Notes to SEFA
This schedule of expenditures of federal awards includes the federal grant activity of the City of Ponchatoula 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.
The City of Ponchatoula has elected to use the 15 percent de minimis indirect cost rate allowed under the Uniform Guidance.
The City of Ponchatoula did not pass through any of its federal awards to a subrecipient during the year ended June 30, 2025.
No federal awards were expended in the form of non-cash assistance during the year ended June 30, 2025.