Notes to SEFA
Accounting Policies: Tobyhanna Township (the Township) as the reporting entity for financial reporting purposes is defined in Note 1 to the Townships basic financial statements. For purposes of preparing the Schedule of Expenditures of Federal Awards, the Townships reporting entity is the same that was used for financial reporting. The accompanying Schedule of Expenditures of Federal Awards included the grant activity of the Township and is presented using the modified cash basis of accounting, which is described in Note 1 to the Townships basic financial statements.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.