Notes to SEFA
Accounting Policies: The accompanying schedule of expenditures of state awards (the Schedule) includes the federal grant activity of Family Support Services of Amarillo under programs of the federal government for the year ended August 31, 2021. Because the Schedule presents only a selected portion of the operations of Family Support Services of Amarillo, it is not intended to and does not present the financial position, changes in net assets, or cash flows of Family Support Services of Amarillo. 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.
De Minimis Rate Used: N
Rate Explanation: Family Support Services of Amarillo has elected not to use the 10% de-minimus indirect cost rate as allowed under the Uniform Guidance.