Notes to SEFA
The accompanying schedules of expenditures of federal and state awards presents the activity of all applicable federal and state awards of Hays County, Texas (the County). The information in these schedules are presented in accordance with the requirements of the Uniform Guidance and the State of Texas Single Audit Circular. The County’s reporting entity is defined in Note 1 to the County’s financial statements. Federal and state awards received directly from federal and state agencies as well as federal and state awards passed through other government agencies are included in the respective schedule. The County did not elect to use the 10% de minimus cost rate as allowed in the Uniform Guidance.
The accompanying schedules of expenditures of federal and state awards is presented using the modified accrual basis of accounting, which is described in Note 1 to the County’s financial statements.
Grant expenditure reports as of September 30, 2025, which have been submitted to grantor agencies will, in some cases, differ slightly from amounts disclosed herein. The reports prepared for grantor agencies are typically prepared at a later date and often reflect refined estimates of year-end accruals. The reports will agree at termination of the grant as the discrepancies noted are timing differences.
Grant Expenditures in the amount of $603,066.99 related to the Public Assistance Federal Emergency Management Agency (FEMA) 4705 DR TX grant ALN 97.036 were incurred in a prior year and received in the current fiscal year.