Notes to SEFA
The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal grant activity of the Tulare County Association of Governments (the Association) under programs of the federal government for the fiscal year ended June 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 the Association, it is not intended to, and does not, present the financial position, changes in net position, or cash flows of the Association.
A. Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in Subpart E of the Uniform Guidance, Cost Principles, wherein certain types of expenditures are not allowable or are limited as to reimbursement. B. Pass-through entity identifying numbers are presented where available.
The Association has elected to use the de minimis indirect cost rate. The Association’s de minimis indirect cost rate was 10% through September 30, 2024, and 15% effective October 1, 2024.