Notes to SEFA
Title: NOTE 1 – PURPOSE OF THE SCHEDULE
Accounting Policies: A. Basis of Accounting
The information in the Schedule is presented in accordance with Title 2 U.S. Code of Federal Regulations Part 200. The Schedule is prepared using the same accounting policies and basis of accounting as the basic financial statements.
B. Assistance Listing Numbers
Title 2 U.S. Code of Federal Regulations Part 200 required the schedule to show the total expenditures for each of the County’s federal financial assistance programs as identified by Assistance Listing number. Assistance Listing is a government-wide compendium of individual federal programs which assigns a five-digit program identification Assistance Listing number to each federal program.
C. Major Programs
Uniform Guidance establishes the levels of expenditures or expenses and other criteria to be used in defining major federal financial assistance. Major programs have been noted on the Schedule of Findings and Questioned Costs in accordance with those definitions.
D. Indirect Costs
The Schedule includes a portion of costs associated with general activities that are allocated to federal financial assistance programs using direct labor as a basis of allocation. The County has not elected to use the 10% de minimis indirect cost rate.
E. WIC Checks
Expenditures are recorded for WIC checks on the schedule based on information provided by the State of Utah Department of Health. The value of WIC checks is excluded from grant revenue and grant expenditures in the financial statements of Bear River Health Department
De Minimis Rate Used: N
Rate Explanation: The County has not elected to use the 10% de
minimis indirect cost rate.
The Schedule of Expenditures of Federal Awards (the Schedule) is a supplementary schedule to the basic financial statements designed to provide expenditure information for each federal program in which the County participated. The schedule is required by Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance).
Title: NOTE 2 – SIGNIFICANT ACCOUNTING POLICIES
Accounting Policies: A. Basis of Accounting
The information in the Schedule is presented in accordance with Title 2 U.S. Code of Federal Regulations Part 200. The Schedule is prepared using the same accounting policies and basis of accounting as the basic financial statements.
B. Assistance Listing Numbers
Title 2 U.S. Code of Federal Regulations Part 200 required the schedule to show the total expenditures for each of the County’s federal financial assistance programs as identified by Assistance Listing number. Assistance Listing is a government-wide compendium of individual federal programs which assigns a five-digit program identification Assistance Listing number to each federal program.
C. Major Programs
Uniform Guidance establishes the levels of expenditures or expenses and other criteria to be used in defining major federal financial assistance. Major programs have been noted on the Schedule of Findings and Questioned Costs in accordance with those definitions.
D. Indirect Costs
The Schedule includes a portion of costs associated with general activities that are allocated to federal financial assistance programs using direct labor as a basis of allocation. The County has not elected to use the 10% de minimis indirect cost rate.
E. WIC Checks
Expenditures are recorded for WIC checks on the schedule based on information provided by the State of Utah Department of Health. The value of WIC checks is excluded from grant revenue and grant expenditures in the financial statements of Bear River Health Department
De Minimis Rate Used: N
Rate Explanation: The County has not elected to use the 10% de
minimis indirect cost rate.
A. Basis of Accounting
The information in the Schedule is presented in
accordance with Title 2 U.S. Code of Federal Regulations
Part 200. The Schedule is prepared using the same
accounting policies and basis of accounting as the basic
financial statements.
B. Assistance Listing Numbers
Title 2 U.S. Code of Federal Regulations Part 200 required
the schedule to show the total expenditures for each of
the County’s federal financial assistance programs as
identified by Assistance Listing number. Assistance Listing
is a government-wide compendium of individual federal
programs which assigns a five-digit program identification
Assistance Listing number to each federal program.
C. Major Programs
Uniform Guidance establishes the levels of expenditures
or expenses and other criteria to be used in defining major
federal financial assistance. Major programs have been
noted on the Schedule of Findings and Questioned Costs
in accordance with those definitions.
D. Indirect Costs
The Schedule includes a portion of costs associated with
general activities that are allocated to federal financial
assistance programs using direct labor as a basis of
allocation. The County has not elected to use the 10% de
minimis indirect cost rate.
E. WIC Checks
Expenditures are recorded for WIC checks on the schedule
based on information provided by the State of Utah
Department of Health. The value of WIC checks is
excluded from grant revenue and grant expenditures in
the financial statements of Bear River Health Department.