Notes to SEFA
The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal award activity of City of Genesee, Idaho under programs of the federal government for the year ended September 30, 2025. 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). Because the schedule presents only a selected portion of the operations of City of Genesee, Idaho, it is not intended to and does not present the financial position, changes in fund balance, or cash flows of City of Genesee, Idaho.
(1) Expenditures reported on the Schedule are reported on the modified accrual basis of accounting. Such expenditures are recognized following the cost principles contained in Uniform Guidance, wherein certain types of expenditures are not allowable or are limited to reimbursement. (2) Pass-through entity identifying numbers are presented where available. (3) City of Genesee, Idaho has elected not to use the 10 percent de minimis indirect cost rate as allowed under the Uniform Guidance.
CFDA Number Program Name Outstanding Balance as of September 30, 2025 10.760 Water and Waste Disposal Systems for Rural Communities $3,500,000
City of Genesee, Idaho did not pass any federal awards through to subrecipients.