Notes to SEFA
Title: BASIS OF PRESENTATION
Accounting Policies: Expenditures reported on the Schedule are reported in accordance with auditing standards generally accepted in the United States of America. Such expenditures are recognized following the cost principles contained in the Uniform Guidance for all awards. Under these principles, certain types of expenditures are not allowable or are limited as to reimbursement.
De Minimis Rate Used: Y
Rate Explanation: The accompanying schedule of expenditures of federal awards includes indirect costs, calculated at 49.9% of salary and fringe expenditures.
The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal award activity of the Organization under programs of the federal government for the
year ended June 30, 2023. The information in this Schedule is presented in accordance with the requirements of 2 CFR Part 200, Uniform Administrative Requirements, Cost Principles
and Audit Requirements for Federal Awards (Uniform Guidance). Because the Schedule presents only a selected portion of the operations of the organization, it is not intended to and does not present the financial position, changes in net assets, or cash flows of the Organization.
Title: MAJOR PROGRAM
Accounting Policies: Expenditures reported on the Schedule are reported in accordance with auditing standards generally accepted in the United States of America. Such expenditures are recognized following the cost principles contained in the Uniform Guidance for all awards. Under these principles, certain types of expenditures are not allowable or are limited as to reimbursement.
De Minimis Rate Used: Y
Rate Explanation: The accompanying schedule of expenditures of federal awards includes indirect costs, calculated at 49.9% of salary and fringe expenditures.
The Workforce Investment Opportunity Act (WIOA) funds under three separate Assistance Listing Numbers (17.258, 17.259, and 17.278) within the Workforce Investment Act Cluster. Each Assistance Listing Number targets a specific population, i.e., adult, youth, and dislocated workers. Amounts followed by an * are available to all WIOA programs. It is not possible to identify amounts used by each Assistance Listing Number; therefore, the total amount is shown as Assistance Listing Number 17.278.