Notes to SEFA
Accounting Policies: Expenditures reported on the schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the
applicable cost principles contained in Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative
Requirements, Cost Principles, and Audit Requirements for Federal Awards, wherein certain types of expenditures are not allowable
or limited as to reimbursement. The Unit has not elected to use the 10 percent de minimis cost rate as allowed under the Uniform
Guidance.
De Minimis Rate Used: N
Rate Explanation: NA