Notes to SEFA
The accompanying schedule of expenditures of Federal Awards includes the Federal Grant activity of the Winnemucca Indian Colony and is presented on the modified accrual basis of accounting. The information in this schedule 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), therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of, the basic financial statements. As allowed under OMB Uniform Guidance, the Tribe applied two distinct de minimis indirect cost rates during the fiscal year. Federal awards issued prior to October 1, 2024, maintained the 10 percent de minimis indirect cost while new federal awards issued, or existing awards substantively amended with new funding, on or after October 1, 2024 utilized the updated 15 percent de minimis indirect cost rate allowed under the revised Uniform Guidance.
Subrecipients The Tribe provided no federal awards to subrecipients during the fiscal year ended December 31, 2025.
Reconciliation of Reported Expenditures to Financial Statement Totals The following is a reconciliation of total federal expenditures reported on the Schedule of Expenditures of Federal Awards to the federal revenue total reported on the Tribe’s statement of revenues, expenditures, and changes in fund balance- special revenue funds for the year ended December 31, 2025: See the Notes to the SEFA for chart/table