Notes to SEFA
Title: Basis of Presentation
Accounting Policies: The accompanying schedule of expenditures of federal awards is presented using the accrual basis of accounting, which isdescribed in Note 1 to the Countys basic financial statements. Expenditures reported on the Schedule are recognized followingthe cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited asto reimbursement. Negative amounts shown on the Schedule represent adjustments or credits made in the normal course ofbusiness to amounts reported as expenditures in prior years. The Schedule includes federally funded projects received directlyfrom federal agencies and the federal fund amounts of pass-through awards received by the County through the State ofMissouri or other non-federal entities.
De Minimis Rate Used: N
Rate Explanation: The County did not elect to use the 10% de minimis Indirect Cost Rate allowed under Uniform Guidance.
The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal award activity of JacksonCounty, Missouri (the County) under programs of the federal government for the year ended December 31, 2022. Theinformation in this Schedule 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 (Uniform Guidance).Because the Schedule presents only a selected portion of the operations of the Organization, it is not intended to and does notpresent the financial position, changes in net assets, or cash flows of the Organization. This Schedule includes only thoseawards received by the primary government.