Notes to SEFA
Accounting Policies: xpenditures reported on the schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. CHAD does not draw for indirect administrative expenses and has not elected to use the 10% de minimis cost rate.
De Minimis Rate Used: N
Rate Explanation: CHAD does not draw for indirect administrative expenses and has not elected to use the 10% de minimis cost rate.