Notes to SEFA
Title: SUBRECIPIENTS
Accounting Policies: The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal awardactivity of the National Policing Institute (the Institute) under programs of the federal government for theyear ended June 30, 2022.The information in the 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 theInstitute, it is not intended to, and does not, present the financial position, changes in net assets, or cashflows of the Institute.Expenditures reported on the Schedule are reported on the accrual basis of accounting. Suchexpenditures are recognized following the cost principles contained in the Uniform Guidance, whereincertain types of expenditures are not allowable or are limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: The Institute uses a provisional indirect cost rate approved by the federal agency. Therefore, the Institute elected not to use the 10 percent de minimus indirect cost rate allowed under the Uniform Guidance.t use the de minimis cost rate.
The Institute has entered into agreements with subrecipients for certain grants. Under the terms of theagreements, payment is made to the subrecipients based on the completion of certain activities. Liabilitieshave only been accrued for services provided through June 30, 2022.