Notes to SEFA
Title: BASIS OF PRESENTATION
Accounting Policies: THIS ENTITY UTILIZES THE MODIFIED ACCRUAL BASIS OF ACCOUNTING
De Minimis Rate Used: N
Rate Explanation: ENTITY DID NOT UTILIZE THE DE MINIMIS COST RATE AS GRANTS WERE DIRECT REIMBURSEMENTS ONLY
PRESENTED IN ACCORDANCE WITH UNIFORM GUIDANCE
Title: SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Accounting Policies: THIS ENTITY UTILIZES THE MODIFIED ACCRUAL BASIS OF ACCOUNTING
De Minimis Rate Used: N
Rate Explanation: ENTITY DID NOT UTILIZE THE DE MINIMIS COST RATE AS GRANTS WERE DIRECT REIMBURSEMENTS ONLY
MODIFIED ACCRUAL BASIS, A-87 COST PRINCIPLES