Notes to SEFA
The accompanying schedule of expenditures of federal and State awards (SEFSA) includes the federal and State grant activity of Gaston County under the programs of the federal government and the State of North Carolina for the year ended June 30, 2025. The information in this SEFSA is presented in accordance with the requirements of Title 2 US Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principals, and Audit Requirements for Federal Awards and the State Single Audit Implementation Act. Because the SEFSA presents only a selected portion of the operations of Gaston County, it is not intended to and does not present the financial position, changes in net position or cash flows of Gaston County.
Expenditures reported in the SEFSA are reported on the modified accrual basis of accounting. Such expenditures are recognized following the cost principles contained in Uniform Guidance, wherein certain types of expenditures are not allowed or are limited as to reimbursement.
Gaston County has elected not to use the 10-percent de minimis indirect cost rate as allowed under the Uniform Guidance.
The following are clustered by the NC Department of Health and Human Services and are treated separately for state audit requirement purposes: Special Children Adoption Fund, Refugee and Entrant Assistance, Foster Care, Adoption, and Guardianship, HIV Cluster, and Workforce Innovation and Opportunity Act Clusters, Subsidized Child Care. The following are clustered by the NC Department of Transportation and are treated separately for state audit requirement purposes: Highway Planning, Research and Construction Cluster.
The N.C. Department of Justice does not consider Opioid Settlement Funds either Federal or State financial assistance since they are from a settlement with private major drug companies. Since these funds are subject to the State Single Audit Implementation Act, they are reported as "Other Awards" on the SEFSA, and considered State Awards for State single audit requirements.