Notes to SEFA
Title: Note 4. Program Costs/Matching Contributions
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 toreimbursement.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
The amounts shown as current year expenses represent only the federal grant portion ofthe program costs. Entire program costs, including the Organizations portion, may bemore than shown.