Notes to SEFA
Accounting Policies: The SEFA presents the activity of all federal financial assistance programs of Carbon Medical Service Association, Inc. All federal awards received directly from federal agencies as well as federal awards passed-through other government agencies are inclueded on the SEFA. The information in the Schedule is presented in accordance with requirements of Title 2 US Code of Federal Reculation part 200, Uniform Administrative Requirements, Cost Principles, and Requirements for Federal Awards. Becuase the Schedule presents only a selected protion of the operations of the Association, it is not intended to and does not present the financial position, changes in activities and net assets, or cash flows of the Association.
De Minimis Rate Used: N
Rate Explanation: The Association has elected not to use the 10 percent de minimis indirect cost rate allowed under the Uniform Guidance.