Notes to SEFA
The accompanying schedule of expenditures of federal awards includes the federal grant activity of the City of Murray, Kentucky and is presented on the accrual basis of accounting. 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). Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of, the financial statements.
The City of Murray, Kentucky has not elected to use the 10-percent de minims indirect cost rate allowed under the Uniform Guidance
The column on the accompanying schedule captioned “Amounts Passed Through to Subrecipients “represents the amounts transferred by the City of Murray to subrecipients. During the fiscal year the City of Murray did not pass any federal funds to subrecipients.