Notes to SEFA
Title: SEFA Amounts Expended in Prior Years
Accounting Policies: Expenditures reported on the SEFA are reported on the accrual basis of accounting based on when the funds are obligated by the awarding entity. 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: The auditee did not use the de minimis cost rate.
Public Assistance Grant expenditures in the amount of $939,044 were included in the SEFA for the year ended December 31, 2022 that were expended in prior years. Prior year expenditures were $311,695 and $627,349 for the years ended December 31, 2021 and 2020, respectively.