Notes to SEFA
Title: Basis of Presentation
Accounting Policies: The accompanying schedule of expenditures of federal awards summarizes the federal grant activity of Casper Community College District and is presented on the accrual basis of accounting. The information in the schedule is presented in accordance with the requirements of Uniform Guidance, Audits of States, Local Governments, and Non-Profit Organizations.
De Minimis Rate Used: N
Rate Explanation: Casper Community College District has an indirect cost rate of 41%.
The accompanying schedule of expenditures of federal awards summarizes the federal grant activity of Casper Community College District and is presented on the accrual basis of accounting. The information in the schedule is presented in accordance with the requirements of Uniform Guidance, Audits of States, Local Governments, and Non-Profit Organizations.
Title: Indirect Cost Rate
Accounting Policies: The accompanying schedule of expenditures of federal awards summarizes the federal grant activity of Casper Community College District and is presented on the accrual basis of accounting. The information in the schedule is presented in accordance with the requirements of Uniform Guidance, Audits of States, Local Governments, and Non-Profit Organizations.
De Minimis Rate Used: N
Rate Explanation: Casper Community College District has an indirect cost rate of 41%.
Casper Community College District has an indirect cost rate of 41% and thus does not use the de minimis cost rate.