Notes to SEFA
The accompanying Schedule of Expenditures of Federal Awards (the "Schedule") includes the federal award activity of George County under programs of the federal government for the year ended September 30, 2024. 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). Because the Schedule presents only a selected portion of the operations of George County, it is not intended to and does not present the financial position, changes in net position, or cash flows of George County.
Of the federal expenditures presented in the Schedule, George County provided federal awards totaling $25,398 to subrecipients during the year ended September 30, 2024.
After a Presidentially declared disaster, FEMA provides Disaster grants - public assistance (Presidentially declared disasters) (ALN 97.036) to reimburse eligible costs associated with repair, replacement, or restoration of disaster damaged facilities. The federal government makes reimbursements in the form of cost-shared grants that require state matching funds. In fiscal year 2024, FEMA approved $600,322 in eligible expenditures related to event 4576-DR-MS that were incurred in the prior two fiscal years.
Of the federal expenditures presented in the Schedule, $2,379,419 of federal expenditures were incurred in fiscal year 2021 and fiscal year 2022.