Notes to SEFA
Accounting Policies: 1. GeneralThe accompanying Schedule of Expenditures of Federal Awards (the Schedule) presents the activity of all federalfinancial assistance programs of Riley County, Kansas (the County). The reporting County is defined in Note 1(a)of the County basic financial statement. Federal financial assistance received directly from federal agencies aswell as federal financial assistance passed through other government agencies are included on the Schedule.2. Basis of PresentationThe accompanying Schedule is presented using the regulatory basis of accounting, which is described in Note1(c) of the Countys basic financial statement. The information in the Schedule is presented in accordance withthe 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 presentsonly a selected portion of the operations of the County, it is not intended to and does not present the financialposition, changes in net assets, or cash flows of the County.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.