Notes to SEFA
The accompanying Schedule of Expenditures of Federal Awards (SEFA) presents the activity of all federal financial assistance programs of the County of Santa Barbara, California (the County). The County’s reporting entity is defined in Note 1 of the notes to the County’s basic financial statements. All financial assistance received directly from federal agencies as well as federal financial assistance passed through other government agencies to the County are included in the accompanying schedule.
The accompanying SEFA is presented using the modified accrual basis of accounting for governmental funds and the accrual basis of accounting for proprietary funds, which is described in Note 1 of the notes to the County’s basic financial statements.
Amounts reported in the accompanying SEFA agree, in all material respects, to amounts reported within the County’s Annual Comprehensive Financial Report.
Amounts reported in the accompanying SEFA agree, in all material respects, with the amounts reported in related federal financial reports.
The County has elected not to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance.
The following programs had federally funded loans outstanding on June 30, 2025 and 2024: See the Notes to the SEFA for chart/table