Notes to SEFA
Accounting Policies: Note 1 - Basis of PresentationThe accompanying schedule of expenditures of federal awards (the schedule) includes he federal award activityof the County under programs of the federal government for the year ended December 31, 2022. Theinformation is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations Part200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (UniformGuidance). Because the schedule presents only a selected portion of the operations of the County, it is notintended to and does not present the financial position or changes in net position, fund balance, or cash flows ofthe County.Note 2 - Summary of Significant Accounting PoliciesExpenditures reported in the schedule are reported on the modified accrual basis of accounting. Whenapplicable, 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. No federal financialassistance has been provided to a subrecipient.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.