Notes to SEFA
Title: NOTE 1 - PURPOSE OF SCHEDULES
Accounting Policies: The Schedule of Expenditures of Federal Awards includes
the federal award activity of Foothill-De Anza Community College District, and is presented on the accrual
basis of accounting. The information in this schedule is presented in accordance with the requirements of
Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles,
and Audit Requirements for Federal Awards (Uniform Guidance). Expenditures are recognized following
the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not
allowable or are limited as to reimbursement. The District has elected not to use the 10-percent de minimis
indirect cost rate as allowed under the Uniform Guidance.
De Minimis Rate Used: N
Rate Explanation: The District has elected not to use the 10-percent de minimis
indirect cost rate as allowed under the Uniform Guidance.
Schedule of Expenditures of Federal Awards: The Schedule of Expenditures of Federal Awards includes
the federal award activity of Foothill-De Anza Community College District, and is presented on the accrual
basis of accounting. The information in this schedule is presented in accordance with the requirements of
Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles,
and Audit Requirements for Federal Awards (Uniform Guidance). Expenditures are recognized following
the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not
allowable or are limited as to reimbursement. The District has elected not to use the 10-percent de minimis
indirect cost rate as allowed under the Uniform Guidance.