Notes to SEFA
Title: NOTE 3 U.S. DEPARTMENT OF AGRICULTURE PROGRAMS
Accounting Policies: The accompanying schedule of expenditures of federal awards includes the federal grant activity of the City ofNewton, Massachusetts and is presented on the modified accrual basis of accounting. The information in thisschedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations Part 200, UniformAdministrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Expendituresare recognized following the cost principles contained in the Uniform Guidance for all awards with the exception ofAssistance Listing 21.019, which follows criteria determined by the Department of Treasury for allowability of costs.Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparationof, the financial statements.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
The amount reported for the National School Lunch Program Non-Cash Assistance (Commodities) represents nonmonetaryassistance and is reported in the schedule at the fair market value of the commodities received. The amountsreported for the National School Breakfast and Lunch Programs Cash Assistance represent cash receipts fromfederal reimbursements.
Title: NOTE 4 U.S. DEPARTMENT OF HEALTH AND HUMAN SERVICES
Accounting Policies: The accompanying schedule of expenditures of federal awards includes the federal grant activity of the City ofNewton, Massachusetts and is presented on the modified accrual basis of accounting. The information in thisschedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations Part 200, UniformAdministrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Expendituresare recognized following the cost principles contained in the Uniform Guidance for all awards with the exception ofAssistance Listing 21.019, which follows criteria determined by the Department of Treasury for allowability of costs.Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparationof, the financial statements.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
The amount reported for the Medical Assistance Program represents federal cash receipts related to AdministrativeActivity Claims.