Notes to SEFA
Title: 3. Subrecipients.
Accounting Policies: Presented in conformity with generally accepted accounting principles using the modified accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: Marshall County elected not to use the de minimis cost rate permitted in the Uniform Guidance.
No amounts ($0) were passed-through to subrecipients.
Title: 4. Pass-Through Information
Accounting Policies: Presented in conformity with generally accepted accounting principles using the modified accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: Marshall County elected not to use the de minimis cost rate permitted in the Uniform Guidance.
Information not available.
Title: 5. Cluster Totals
Accounting Policies: Presented in conformity with generally accepted accounting principles using the modified accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: Marshall County elected not to use the de minimis cost rate permitted in the Uniform Guidance.
Child Nutrition Cluster total $4,318,720; Special Education Cluster total $1,276,635.
Title: 6. FAL Totals
Accounting Policies: Presented in conformity with generally accepted accounting principles using the modified accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: Marshall County elected not to use the de minimis cost rate permitted in the Uniform Guidance.
Total for FAL No. 10.555 is $3,345,514; Total for FAL No. 84.027 is $1,241,423; Total for FAL No. 84.173 is $35,212; Total for FAL No. 84.425 is $4,429,359.
Title: 7. Consolidated Administration
Accounting Policies: Presented in conformity with generally accepted accounting principles using the modified accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: Marshall County elected not to use the de minimis cost rate permitted in the Uniform Guidance.
See the table in the notes to the SEFA for amounts consolidated for administration purposes.