Notes to SEFA
Title: Note 1
Accounting Policies: SEE NEXT TAB NOTE 2
De Minimis Rate Used: N
Rate Explanation: SEE NEXT TAB
Grantor Agency Abbreviations: USDOL United States Department of Labor
USHHS United States Department of Health and Human Services
TDLWD Tennessee Department of Labor and Workforce Development
TDHS Tennessee Department of Human Services
THEC Tennessee Higher Education Commission
UW United Way of Greater Nashville
MOBC Martha O’Bryan Center
NMTWB Northern Middle Tennessee Local Workforce Development Board, Inc.
Title: Note 2
Accounting Policies: SEE NEXT TAB NOTE 2
De Minimis Rate Used: N
Rate Explanation: SEE NEXT TAB
Significant Accounting Policies used in Preparing the Schedule
Title: Note 2-A
Accounting Policies: SEE NEXT TAB NOTE 2
De Minimis Rate Used: N
Rate Explanation: SEE NEXT TAB
Basis of Accounting: WEI utilized the accrual basis of accounting in preparing the schedule.
Title: Note 2-B
Accounting Policies: SEE NEXT TAB NOTE 2
De Minimis Rate Used: N
Rate Explanation: SEE NEXT TAB
Property and Equipment: Expenditures for property and equipment are expensed in the schedule.
Title: Note 2-C
Accounting Policies: SEE NEXT TAB NOTE 2
De Minimis Rate Used: N
Rate Explanation: SEE NEXT TAB
Indirect Cost Rate: WEI has not elected to use the 10% de minimis indirect cost rate allowed under the UG.
Title: Note 2-D
Accounting Policies: SEE NEXT TAB NOTE 2
De Minimis Rate Used: N
Rate Explanation: SEE NEXT TAB
Allocation of Administrative/Training Expenses: Administrative expenses were allocated among
programs, on a monthly basis, based on each program's non-administrative expenditures. Training
expenses (indirect program costs) are allocated based on monthly clients served by each program.
Title: Note 2-D
Accounting Policies: SEE NEXT TAB NOTE 2
De Minimis Rate Used: N
Rate Explanation: SEE NEXT TAB
Adult Education program – Administrative expenses are tracked and charged directly to the program
based on time and effort spent for administrative services.
Title: Note 3
Accounting Policies: SEE NEXT TAB NOTE 2
De Minimis Rate Used: N
Rate Explanation: SEE NEXT TAB
Additional Information
There was no non-cash federal assistance expended during the year. There were no federal insurance or loans
or loan guarantees during the audit period.