Notes to SEFA
Title: NOTE A - BASIS OF PRESENTATION
Accounting Policies: Expenditures reported on the Schedule are reported on the accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: DESHA AREA DIRECTIONS, INC. has elected not to use
The accompanying schedule of expenditures of federal awards includes the federal award
Title: NOTE C – U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT CAPITAL ADVANCE
Accounting Policies: Expenditures reported on the Schedule are reported on the accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: DESHA AREA DIRECTIONS, INC. has elected not to use
DESHA AREA DIRECTIONS, INC. has received a U.S. Department of Housing and Urban