Notes to SEFA
Title: Basis of Presentation
Accounting Policies: 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. No federal financial assistance has been provided to a
subrecipient.
De Minimis Rate Used: N
Rate Explanation: The Health Center has elected not to use the 10-percent de minimis indirect cost rate as allowed under the
Uniform Guidance.
The accompanying schedule of expenditures of federal awards (the schedule) includes the federal award activity
of the Health Center under the programs of the federal government for the year ended February 28, 2022. 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). Because the schedule presents only a selected portion of the operations of the
Health Center, it is not intended to and does not present the financial position, changes in net assets, or cash
flows of the Health Center.