Notes to SEFA
Accounting Policies: The schedule of expenditures of federal awards includes only the current year federal grant activity of Boone County Fire Protection District and is presented in accordance with the requirements of Uniform Guidance. Amounts presented in this schedule as expenditures may differ from amount presented in, or used in the preparation of, the basic financial statements, although such differences are not material.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.