Notes to SEFA
The Schedule of Expenditures of Federal Awards includes the federal grant activity of the City of Barnesville, Georgia (the “City”) and is presented on the 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 (CFR) 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 financial statements.
The City Elected not to use the allowable de minimis cost rate for the year ended September 30, 2025.
There were no federal awards expended in the form of noncash assistance during the fiscal year. There were also no loans or loan gurantees outstandin at year-end.