Notes to SEFA
Title: BASIS OF PRESENTATION
Accounting Policies: The accompanying Schedule is presented on the modified accrual basis of accounting. 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.
De Minimis Rate Used: N
Rate Explanation: The Tribe elected not to use the 10% de minimis indirect cost rate for the year ended June 30, 2023, allowed under the Uniform Guidance.
The accompanying Schedule of Expenditures of Federal Awards (the Schedule) includes the federal grant activity of the Cabazon Band of Cahuilla Indians (the Tribe), under programs of the federal government for the year ended June 30, 2023. The information in this Schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). The Schedule includes federal awards received directly from federal agencies. The Tribe’s reporting entity is defined in Note 1 to the Tribe’s basic financial statements. Because the Schedule presents only a selected portion of the operations of the Tribe, it is not intended to, and does not, present the financial position of the Tribe.
Title: SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Accounting Policies: The accompanying Schedule is presented on the modified accrual basis of accounting. 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.
De Minimis Rate Used: N
Rate Explanation: The Tribe elected not to use the 10% de minimis indirect cost rate for the year ended June 30, 2023, allowed under the Uniform Guidance.
The accompanying Schedule is presented on the modified accrual basis of accounting. 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.
Title: INDIRECT COST RATE
Accounting Policies: The accompanying Schedule is presented on the modified accrual basis of accounting. 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.
De Minimis Rate Used: N
Rate Explanation: The Tribe elected not to use the 10% de minimis indirect cost rate for the year ended June 30, 2023, allowed under the Uniform Guidance.
The Tribe elected not to use the 10% de minimis indirect cost rate for the year ended June 30, 2023, allowed under the Uniform Guidance.
Title: SUBRECIPIENTS
Accounting Policies: The accompanying Schedule is presented on the modified accrual basis of accounting. 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.
De Minimis Rate Used: N
Rate Explanation: The Tribe elected not to use the 10% de minimis indirect cost rate for the year ended June 30, 2023, allowed under the Uniform Guidance.
The Tribe did not provide any federal awards to subrecipients for the year ended June 30, 2023.