Notes to SEFA
Accounting Policies: As further described in Child Care Solutions, Inc.s (the Agency) August 31, 2022,financial statements, the Agency was organized for the purpose of ensuring, coordinating,assisting, strengthening and promoting childcare services throughout Onondaga and CayugaCounties. This purpose is accomplished through such activities as childcare referrals, training forchildcare professionals, networking, child advocacy and the support of high-quality childcare andearly education programs. The accompanying schedule of expenditures of federal awards (theSchedule) includes the federal award activity of the Agency under programs of the federalgovernment for the year ended August 31, 2022. The information in this schedule is presented inaccordance with the requirements of Title 2 U.S. Code of Federal Regulations Part 200, UniformAdministrative Requirements, Cost Principles, and Audit Requirements for Federal Awards(Uniform Guidance). Because the Schedule only presents a selected portion of the operations ofthe Agency, it is not intended to and does not present the financial position, changes in net assetsor cash flows of the Agency.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.