Notes to SEFA
The Schedule of Expenditures of Federal Awards is prepared on the same basis of accounting as Pacific County’s financial statements. Pacific County uses the cash basis.
Pacific County has elected to use the 10-percent/15-percent de minimis indirect cost rate allowed under the Uniform Guidance.
The amount of vaccines reported on the Schedule is the value of vaccines received by the county during the current year and priced as prescribed by the federal government. The amount is $4,253.92 for a total of 60 vaccine doses, pediatric only.
The amounts shown as current year expenditures represent only the federal award portion of the program costs. Entire program costs, including the county’s portion, are more than shown. Such expenditures are recognized following the cost principles contained in Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards, wherein certain types of expenditures are not allowable or are limited as to reimbursement.