Notes to SEFA
Pass-through Programs Where the Town of Salisbury, New York (the Town) receives funds from a government entity other than the federal government (pass-through), the funds are accumulated based upon the Assistance Listing (AL) number when advised by the pass-through grantor. Identifying numbers, other than AL numbers, which may be assigned by pass-through grantors, are not maintained in the Town’s financial management system. Town management has identified certain passthrough identifying numbers and included them in the schedule of expenditures of federal awards (SEFA).
The SEFA is presented in accordance with accounting principles generally accepted in the United States of America and is derived from the Town’s general ledger. Federal expenditures are recorded when an allowable cost is incurred under the applicable program and is due and payable. For programs with funding ceilings and caps, federal expenditures are only recorded and presented in the SEFA up to such amounts.
Indirect costs are included in the reported expenditures to the extent such costs are included in the federal financial reports used as the source for the data presented. The Town has not elected to use the 10 percent de minimis indirect cost rate as allowed under the Uniform Guidance.
Matching costs, i.e., the Town’s share of certain program costs, are not included in the reported expenditures.