Notes to SEFA
NOTE 3 -RELATIONSHIP TO BASIC FINANCIAL STATEMENTS Federal awards revenues are reported in the Office of Community Services' fund financial statements as follows: Federal Sources Major: Headstart $ 2,554,081 Transportation 204,079 Food 786,432 LIHEAP Energy 398,262 Nonmajor Governmental 205,830 Total governmental funds 4,148,684 Business-Type Activities Section 8 Voucher 1,100,327 Total $ 5,249,011
NOTE 4 - RELATIONSHIP TO FEDERAL FINANCIAL REPORTS Amounts reported in the accompanying schedule agree with the amounts reported in the related federal financial reports except for changes made to reflect amounts in accordance with accounting principles generally accepted in the United States of America.
NOTE 5 - MATCHING REVENUES AND STATE FUNDING For those funds that have matching revenues and state funding, federal expenditures were determined by deducting matching revenues from total expenditures.
NOTE 6 - DE MINIMUS INDIRECT COST RATE The Office of Community Services has not elected to utilize the 10% de minimus indirect cost rate allowed under the Uniform Guidance.