Notes to SEFA
Township of Abington (the “Township”) as the reporting entity for financial reporting purposes is defined in Note 1 to the Township’s basic financial statements. For purposes of preparing the Schedule of Expenditures of Federal Awards, the Township’s reporting entity is the same that was used for financial reporting.
The accompanying Schedule of Expenditures of Federal Awards included the grant activity of the Township and is presented using the modified accrual basis of accounting, which is described in Note 1 to the Township’s basic financial statements. The Township did not use the 10% de minimis indirect cost rate.