Notes to SEFA
Title: Note 3 - Program Clusters
Accounting Policies: The Transportation and Motor Buses for Public Use Authority (the Authority) maintains its accounting records in
accordancewith accounting principles generally accepted in the United States of America. The financial information
contained in theschedule of expenditures of federal awards has been prepared on the basis of accounting practices
prescribed under theterms of Federal Operating Assistance, Planning, and Capital Grants with the Federal Transit
Administration. The practicesdiffer from accounting principles generally accepted in the United States of America as
follows:1. Depreciation is not allowedas a project cost.2. Certain expenditures that would not normally be included in the
determination of net income are eitherallowable or unallowable for project purposes.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
The following program clusters, as identified by the Uniform Guidance, were treated as a single program for determining
major programs. Federal Transit Cluster ‐ 20.507 ‐ $2,086,180