Notes to SEFA
Title: NOTE 1 BASIS OF PRESENTATION / ACCOUNTING
Accounting Policies: Governmental fund types account for the Pembina County Water Resource Districts federal grant activity. The Pembina County Water Resource Districts summary of significant accounting policies is presented in Note 1 in the Pembina County Water Resource Districts basic financial statements.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
The accompanying schedule of expenditures of federal awards-water resource district includes the federal grant activity of the Pembina County Water Resource District under programs of the federal government for the year ended December 31, 2022. The information in the schedule is presented in accordance with the requirements of the Office of Management and Budget (OMB) Uniform Guidance. Because the schedule presents only a selected portion of the operations of the Water Resource District, it is not intended to and does not present the financial position or changes in net position of the Water Resource District. Expenditures represent only the federally funded portions of the program. Water Resource District records should be consulted to determine amounts expended or matched from non-federal sources.