Notes to SEFA
Accounting Policies: Expenditures reported on the schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost priniciples contained in the Uniform Guidance, wherein certain types of expenditures are allowable or are limited as to reimbursement. The basis consolidated financial statement classifications may include other financial activity for reporting purposes. Therefore, some of the amounts presented in the schedule may differ from amounts presented in the preparation of the basic consolidated financial statements.
De Minimis Rate Used: N
Rate Explanation: none