Notes to SEFA
The accompanying Schedule of Expenditures of Federal Awards (the “Schedule”) includes the federal grant activity of the Commission of Public Works of New Ellenton under programs of the federal government for the year ended June 30, 2025. The information in this schedule is presented on the accrual basis of accounting in accordance with the requirements of Title 2 W.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Because the schedule presents only a selected portion of the operations of the Commission of Public Works of New Ellenton, it is not intended to and does not present the financial position, changes in net position of the Commission of Public Works of New Ellenton.
Expenditures are recognized following the cost principles contained in the Uniform Guidance wherein certain types of expenditures are not allowable or are limited as to reimbursement. Matching Costs, i.e., the non-federal share of certain program costs, are not included in the Schedule.
The Commission has elected not to use the de minimis indirect cost rate allowed under the Uniform Guidance.