Notes to SEFA
Title: Note 3 - Basis of Accounting
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. Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of the financial statements.
De Minimis Rate Used: N
Rate Explanation: Yuma Crossing National Heritage Area Corporation did not elect to use the 10 percent de minimis indirect cost rate as covered in 2 CFR ?200.414.
The accompanying schedule of expenditures of federal awards includes the federal grant activity of Yuma Crossing National Heritage Area Corporation and is presented on the accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of the financial statements.
Title: Note 4 - Federal Assistance Listings (FAL) Numbers
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. Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of the financial statements.
De Minimis Rate Used: N
Rate Explanation: Yuma Crossing National Heritage Area Corporation did not elect to use the 10 percent de minimis indirect cost rate as covered in 2 CFR ?200.414.
The FAL program titles and numbers were obtained from Federal or pass-through grantors or the Federal Assistance Listings.
Title: Note 5 - Subrecipients
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. Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of the financial statements.
De Minimis Rate Used: N
Rate Explanation: Yuma Crossing National Heritage Area Corporation did not elect to use the 10 percent de minimis indirect cost rate as covered in 2 CFR ?200.414.
Yuma Crossing National Heritage Area Corporation did not have any subrecipients for 2022.