Notes to SEFA
Title: BASIS OF ACCOUNTING
Accounting Policies: The accompanying schedule of expenditures of federal awards (the “Schedule”) includes the federal award
activity of the Center. The information in this schedule is presented in accordance with requirements of the Title
2 U.S. Code of Federal Regulations 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 Center, it is not intended to and does not present the financial position, changes in net
assets, or cash flows of the Center.
De Minimis Rate Used: Y
Rate Explanation: N/A
Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such 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.
Title: SUBRECIPIENTS
Accounting Policies: The accompanying schedule of expenditures of federal awards (the “Schedule”) includes the federal award
activity of the Center. The information in this schedule is presented in accordance with requirements of the Title
2 U.S. Code of Federal Regulations 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 Center, it is not intended to and does not present the financial position, changes in net
assets, or cash flows of the Center.
De Minimis Rate Used: Y
Rate Explanation: N/A
The Center does not have any sub-recipients of federal awards.