Notes to SEFA
Title: Note 2 -Loan Outstanding
Accounting Policies: Basis of Accounting: Accrual Basis;
De Minimis Rate Used: N
Rate Explanation: Actual Costs used as be grant
The City of Oneida, IL has no loans oustanding of federal expenditures as of March 31, 2022
Title: Note 3 - Insurance
Accounting Policies: Basis of Accounting: Accrual Basis;
De Minimis Rate Used: N
Rate Explanation: Actual Costs used as be grant
The City of Oneida, IL has no federal insurance for the year ended March 31, 2022
Title: Note 4 - Sub receipients
Accounting Policies: Basis of Accounting: Accrual Basis;
De Minimis Rate Used: N
Rate Explanation: Actual Costs used as be grant
The City of Oneida, did not have any grant sub recipients for the year ended March 31, 2022
Title: None 5 - Noncash Assistance
Accounting Policies: Basis of Accounting: Accrual Basis;
De Minimis Rate Used: N
Rate Explanation: Actual Costs used as be grant
The City of Oneida did not receive any noncash assistance for the year ended March 31, 2022
Title: Note 6 - Indirect Cost Rate
Accounting Policies: Basis of Accounting: Accrual Basis;
De Minimis Rate Used: N
Rate Explanation: Actual Costs used as be grant
The City of Oneida has not elected the 10% federal de minimis indirect cost rate.