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 principles contained in the UniformGuidance for all awards. Under these principles, certain types of expenditures are notallowable or are limited as to reimbursement.** Funds for WIOA 10% Governors Discretionary and WIO Administrative Cost Pool grantsare funded with a combination of WIOA Adult, WIOA Youth, and WIOA Dislocated WorkerFunds (Assistance Listing Numbers 17.258, 17.259, and 17.278, respectively) but areavailable for all WIOA programs.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.The accompanying schedule of expenditures of federal awards includes indirect costs,calculated at 64.36% of salary and fringe expenditures for all grants except those under theWIOA cluster.