Notes to SEFA
The accompanying schedule of federal expenditures of federal awards includes the federal grant activity of Hood Canal Salmon Enhancement Group and is presented on the accrual basis of accounting. The information in this schedule is presented in accordance with 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). Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of, the basic financial statements.
Direct award expenditures followed the cost principle contained in Title 2 U.S. Code of Federal Regulations Part 200, uniform administrative requirements, cost principles, and audit requirements for federal awards.
Hood Canal Salmon Enhancement Group elected to not use the 10-percent de minims indirect cost rate under the Uniform Guidance.
Hood Canal Salmon Enhancement Group did not charge any indirect costs for this grant program.
Hood Canal Salmon Enhancement Group had no sub-recipients of federal funds in the year ended December 31, 2025.