Notes to SEFA
The accompanying schedule of expenditures of federal awards (the “Schedule”) includes the federal award activity of Washakie County under programs of the federal government for the year ended June 30, 2025. The information in this Schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements of Federal Awards (Uniform Guidance). Because the Schedule presents only a selected portion of the operations of Washakie County, it is not intended to and does not present the financial position, changes in net assets, or cash flows of Washakie County.
Expenditures reported on the Schedule are reported on the modified accrual basis of accounting, as such the same as the fund financial statements of the County. 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. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited to reimbursement.
Washakie County has not elected to use the 10-percent de minimis direct cost rate allowed under the Uniform Guidance. The County does not collect indirect funds reimbursement for Federal grant reimbursements.
Items with an asterisk (*) are major programs.