Notes to SEFA
The accompanying schedule of expenditures of federal awards presents the activity of all federal financial assistance programs of Clayton County Water Authority, Georgia (the "Authority"). Federal Financial Assistance received directly from federal agencies and federal assistance passed through other government agencies are included on this schedule.
The accompanying schedule of expenditures of federal awards is presented using the accrual basis of accounting for proprietary fund types as more fully described in Note1: Summary of Significant Accounting Policies to the Authority's financial statements
The Authority has elected not to use the ten percent federal de minimus indirect cost rate for the year ended April 30, 2025.
Theinformation in this schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit requirements for Federal Awards. Therefore, some amounts presented in the schedule may differ from amounts presented in, or used in the preparation of the basic financial statements. The Authority did not receive non-cash federal awards during the year ended April 30, 2025.