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~~ <br />I• <br />ORANGE COUNTY, NORTH CAROLINA <br />NOTES TO SCHEDULE OF EXPENDITURES OF FEDERAL AND STATE AWARDS <br />YEAR ENDED JUNE 30, 1999 <br />I A. Basis of Accounting <br />s <br />The Schedule of Expenditures of Federal and State Awards is prepared on the modified accrual <br />basis of accounting. <br />B. Revenues recognized under Child Support Enforcement, CFDA 93.563, include incentive payments <br />~ received from the federal grantor agency. <br />~• <br />~• <br /> <br /> <br />n <br />~. <br /> <br />~ - 17- <br />