Notes to SEFA
Accounting Policies: Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures arerecognized following the cost principles contained in Uniform Guidance or OMB Circular A-87, Cost Principles for Stateand Local Governments, wherein certain types of expenditures are not allowable or are limited as to reimbursement.Pass-through entity number are presented where possible.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.