Notes to SEFA
The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal award activity of the County of Cass, Michigan (the County) under programs of the federal government for the year ended September 30, 2025. 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 the County, it is not intended to and does not present the financial position, changes in financial position, or cash flows of the County.
Expenditures Expenditures reported on the Schedule are reported on the modified and full accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, where certain types of expenditures are not allowable or are limited as to reimbursement. Indirect Cost Rate The County has elected to use the de minimis indirect cost rate as allowed under the Uniform Guidance.
Federal revenue per the financial statementsGovernmental funds3,549,175$ Component units772,348 Change in deferred inflows of resources(820,996) Federal expenditures per the Schedule3,500,527$
No amounts were provided to subrecipients.