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            "text": "TOWNSHIP OF JACKSON\nNOTES TO SCHEDULE OF EXPENDITURES OF STATE FINANCIAL ASSISTANCE\nFOR THE YEAR ENDED DECEMBER 31, 2019",
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            "text": "Note 4. Relationship to State Financial Reports",
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            "text": "The regulations and guidelines governing the preparation of state financial reports vary by state agency and among programs administered by the same agencies. Accordingly, the amounts reported in the state financial reports do not necessarily agree with the amounts reported in the accompanying Schedule, which is prepared on the modified accrual basis of accounting as explained in Note 2."
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            "text": "Note 5. State Loans Outstanding",
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            "text": "The Township had no loan balances outstanding at December 31, 2019."
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