Notes to SEFA
Title: (A)
Accounting Policies: OMB Circular A-133, Audit of States, Local Governments and Non-Profit Organizations
De Minimis Rate Used: N
Rate Explanation: KRHH elected not to use the 10 percent de minimis indirect cost rate
This schedule includes the federal awards activity of the Organization HUD Project No. 083-HH004-NP-CMI and is presented on the accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of OMB Circular A-133, Audits of States, Local Governments and Non-Profit Organizations. Therefore, some amounts presented in this schedule may differ from amounts presented in or used in the preparation of the basic financial statements.
Title: (B)
Accounting Policies: OMB Circular A-133, Audit of States, Local Governments and Non-Profit Organizations
De Minimis Rate Used: N
Rate Explanation: KRHH elected not to use the 10 percent de minimis indirect cost rate
KRHH has elected not to use the 10 percent de minmus indirect cost rate as allowed under the Uniform Guidance
Title: (C)
Accounting Policies: OMB Circular A-133, Audit of States, Local Governments and Non-Profit Organizations
De Minimis Rate Used: N
Rate Explanation: KRHH elected not to use the 10 percent de minimis indirect cost rate
No awards were provided to subrecipients