Notes to SEFA
Accounting Policies: 1.GENERAL INFORMATION The accompanying schedule of expenditures of federal awards includes all of the federal grant activity of Middlesex County Board of Social Services. The information in this schedule is presented in accordance with the requirements of Uniform Guidance. 2.BASIS OF ACCOUNTING The accompanying schedule of expenditures of federal awards is presented using the cash basis of accounting. Expenditures are reported for the year ended December 31, 2022 except for Temporary Assistance for Needy Families (TANF) Public Assistance (Assistance Listing #93.558), which is reported on a December 1 fiscal year end basis consistent with the basic financial statements. Additionally, the TANF amount has been presented as Gross expenditures excluding the effect of federal and state collections as of a result of a change in reporting by the New Jersey Department of Human Services, Division of Family Development.
De Minimis Rate Used: N
Rate Explanation: Middlesex County Board of Social Services has not previously received a negotiated indirect cost rate nor has it elected to use the 10% de minimis indirect cost rate allowable under Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards.