Notes to SEFA
The Schedule of Expenditures of Federal Awards (the Schedule) is a supplementary schedule to the financial statements designed to provide expenditure information for each federal program in which the County participates. The Schedule is provided in accordance with Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance).
The information in the Schedule is presented in accordance with Title 2 U.S. Code of Federal Regulations Part 200. The Schedule is prepared using the same accounting policies and basis of accounting as the basic financial statements.
Title 2 U.S. Code of Federal Regulations Part 200 requires the Schedule to show the total expenditures for each of the County’s federal financial assistance programs as identified by Assistance Listing number. The Assistance Listing is a government-wide compendium of individual federal programs which assigns a five-digit program identification Assistance Listing number to each federal program.
Title 2 U.S. Code of Federal Regulations Part 200 establishes the levels of expenditures or expenses and other criteria to be used in defining major programs. Major programs have been noted in the Schedule of Findings and Questioned Costs in accordance with those definitions.
The County has not elected to use the 10% de minimis indirect cost rate