Notes to SEFA
The accompanying Schedules of Expenditures of Federal and State Awards (the “Schedules”), present the activity of all federal and state financial assistance programs of Kinney County, Texas (the “County”), for the year ended September 30, 2024. The County’s reporting entity is defined in Note 1 to the County’s financial statements. Federal financial assistance received directly from federal agencies and other agencies are included in the Schedules.
The accompanying Schedules are presented using the modified accrual basis of accounting, which is described in Note 1 to the County’s financial statements.
None of the federal and state programs expended by the County were provided to subrecipients.
The County did not elect to use a de minimis cost rate of 10% as described at 2 CFR §200.414(f)—Indirect (F&A) costs.