Notes to SEFA
Accounting Policies: The accompanying schedule of expenditures of federal awards is presented using the accrual basis of accounting. The amounts reported in this schedule as expenditures may differ from certain financial reports submitted to federal funding agencies due to those reports being submitted on either a cash or modified cash basis of accounting.
De Minimis Rate Used: N
Rate Explanation: DVIRC has elected not to use the 10 percent de minimis indirect cost rate as allowed under the Uniform Guidance.