Notes to SEFA
Title: BASIS OF PRESENTATION
Accounting Policies: Expenditures reported in the schedule of expenditures of federal awards are reported on the accrual basis of accounting, consistent with the TREHAB, Inc. and Affiliates use of the income tax basis of accounting. Such expenditures are recognized in accordance with the cost principles contained in the Uniform Guidance wherein certain types of expenditures are not allowable or are limited as to reimbursement. Negative amounts shown on the schedule of expenditures of federal awards represent adjustments or credits made in the normal course of business to amounts reported as expenditures in prior years.
De Minimis Rate Used: N
Rate Explanation: TREHAB has elected not to use the ten percent de minimis indirect cost rate allowed under the Uniform Guidance.
The accompanying combined schedule of expenditures of federal awards (the Schedule) includes the federal grant activity of TREHAB, Inc. and Affiliates under programs of the federal government for the year ended June 30, 2022. The information in this schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance).Because the Schedule presents only a selected portion of the operations of TREHAB, Inc. and Affiliates, it is not intended to and does not present the financial position, changes in net assets, or cash flows of TREHAB, Inc. and Affiliates.
Title: FEDERAL AWARD EXPENDITURES PASSED THROUGH TO SUBRECIPIENTS
Accounting Policies: Expenditures reported in the schedule of expenditures of federal awards are reported on the accrual basis of accounting, consistent with the TREHAB, Inc. and Affiliates use of the income tax basis of accounting. Such expenditures are recognized in accordance with the cost principles contained in the Uniform Guidance wherein certain types of expenditures are not allowable or are limited as to reimbursement. Negative amounts shown on the schedule of expenditures of federal awards represent adjustments or credits made in the normal course of business to amounts reported as expenditures in prior years.
De Minimis Rate Used: N
Rate Explanation: TREHAB has elected not to use the ten percent de minimis indirect cost rate allowed under the Uniform Guidance.
TREHAB, Inc. and Affiliates did not pass through any federal awards to subrecipients during the year ended June 30, 2022.