Notes to SEFA
Title: RELATIONSHIP TO THE FINANCIAL STATEMENTS
Accounting Policies: The Schedule of Expenditures of Federal Awards is presented using the accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: The Entity has not elected to use the 10% de minimis indirect cost rate per Title 2 U.S. Code of Federal Regulations Part 200.
The information in this schedule is presented in accordance with the requirements of
Title 2, U.S. Code of Federal Regulations (CFR) Part 200.516. Therefore, some amounts
presented in the schedule may differ from amounts presented in, or used in, the preparation
of the financial statements.