Notes to SEFA
The accompanying schedule of expenditures of federal and state awards (Schedule) includes the federal and state award activity of the County of Wichita, Texas (County) under programs of the federal and state government for the year ended December 31, 2025. The information in the Schedules 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 Schedules present only a selected portion of the operations of the County, it is not intended to and does not present the financial position or changes in net position/fund balance of the County.
Expenditures reported on the Schedules are reported on the modified accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. Negative amounts, if any, shown on the Schedules represent adjustments or credits made in the normal course of business to amounts reported as expenditures in prior years.
The County has elected not to use the de minimis indirect cost rate allowed under the Uniform Guidance.