Notes to SEFA
The accompanying schedule of expenditures of federal awards (Schedule) includes all federal grant activity of Logan County, Illinois (the County) and is presented on the modified accrual basis of accounting, which is described in Note 1 to the County’s basic financial statements. Federal financial assistance expended for grants received directly from federal agencies and federal financial assistance passed through other government agencies is included on the Schedule.
Amounts reported in the accompanying Schedule agree with the amounts reported in the related federal financial reports unless there are timing differences.
The County did not receive any federal awards in the form of noncash assistance for insurance in effect, loans, or loan guarantees during the fiscal year.
When preparing the schedule of expenditures of federal awards, the County uses the most current information available from pass-through entities to determine whether funding is state or federal. Due to a different fiscal year than some pass-through entities, situations can arise where funding reported as federal is ultimately determined to be nonfederal and vice versa. Under these circumstances, the reclassified amount is reported on the current year schedule of expenditures of federal awards.