Notes to SEFA
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards (Schedule) includes the combined Federal activity of the School under programs of the Federal Government for the fiscal year ended June 30, 2023.
The information in the Schedule is presented in accordance with the requirements of the Uniform Guidance. Because the Schedule presents only a selected portion of the operations of the School, it is not intended
to and does not present the financial position, changes in net position, or cash flows of the School.
De Minimis Rate Used: Y
Rate Explanation: Florida High School for Accelerated Learning - Miami Campus Inc. has elected to use the 10-percent de minimis
indirect cost rate allowed under the Uniform Guidance.