Notes to SEFA
Title: Reconciliation of Schedule of Expenditures of Federal Awards to Annual Comp
Accounting Policies: The schedule of expenditures of federal awards is prepared on the accrual basis of accounting, and the information herein is presented in accordance with the requirements of the U.S. Office of Management and Budget Circular Part 200-Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
Total expenditures of federal awards $1,711,947. Total federal grant revenue-2022 $1,711,947. Other intergovernmental revenues: Shared taxes $374,179. State sources $12,459,766. Local sources $261,777. Total other intergovernmental revenues $13,095,722. Total intergovernmental revenues-governmental and proprietary funds (primary government) $14,807,669.