Notes to SEFA
The accompanying schedule of expenditures of federal awards includes the federal grant activity of Catoosa County, Georgia and is presented on the accrual basis of accounting. 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 for Federal Awards (Uniform Guidance). Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of, the basic financial statements.
Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. Catoosa County, Georgia has elected not to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance.
During the year ended September 30, 2025, the County recorded a $97,056 reduction to federal expenditures reported under the Federal Transit Administration grant, Federal Transit Cluster, Assistance Listing (ALN) 20.507. In the prior year, the County had recognized expenditures and a related receivable for this program. Subsequent to year-end, it was determined that the pass-through entity expended the remaining grant funds and that the County would not receive the $97,056 previously recorded as receivable. Accordingly, the receivable was written off and federal expenditures were adjusted in the current year. This adjustment relates solely to prior-year activity and does not represent current-year program expenditures.