Notes to SEFA
The amounts reported as federal expenditures include $64,175 claimed as indirect cost recovery using an approved indirect cost rate of 6.76 percent.
The County accounts for program income using the deductive method. Under this method, program income is used to reduce eligible program expenditures before requesting additional federal funding. Program income is reported separately for the Community Development Block Grant (CDBG) and HOME Investment Partnerships Program on Schedule 16.
The amounts reported as current-year federal expenditures represent only the federal share of program costs. Total program costs, including the County’s share, exceed the amounts reported. Expenditures are recognized in accordance with the cost principles contained in Title 2 Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards.
For certain programs, the grantor did not assign an award identification number; therefore, “N/A” is reported where applicable.
The programs' prior period expenditures reported on this year's SEFA are as follows: Program Name - ALN - Amounts Highway Planning and Construction - 20.205 - $44,693 Clean Water State Revolving Fund - 66.458 - $5,452,759 FEMA Disaster Grants - Public Assistance - 97.036 - $3,664,923