Notes to SEFA
Accounting Policies: Reporting Entity - The schedule of expenditures of federal awards (the "Schedule") includes the activity of all federal programs administered by the Texas Municipal Police Association and Affiliated Organization (the "Association"). The Association consists of Texas Municipal Police Association and Texas Municipal Police Association Charities. Basis of Presentation - The Schedule presents total federal awards expended for each individual program in accordance with Title 2 U.S. Code of Federal Regulations (CFR) 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 the Association, it is not intended to and does not present the combined financial position, changes in net assets, or cash flows of the Association. Basis of Accounting - 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.
De Minimis Rate Used: N
Rate Explanation: The Association is subject to a negotiated indirect cost rate and, therefore, the Association has not elected to use the 10% de minimis indirect cost rate as allowable under the Uniform Guidance.