Notes to SEFA
The accompanying Schedule of Expenditures of Federal Awards includes federal grant activity of Davis & Weber Counties Canal Company (the Organization). The Organization receives federal awards directly from federal agencies and indirectly through pass-through entities. Federal program expenditures included in the accompanying schedule are presented on the accrual basis of accounting. The information in the schedule is presented in accordance with requirements of Title 2 CFR Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). The Organization has no loan or loan guaratees. The Organization has not elected to utilize the 10 percent de minimis indirect cost rate. * indicates program was tested as a major program.