Notes to SEFA
Title: Basis of Accounting
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards is presented using 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.
De Minimis Rate Used: N
Rate Explanation: Maternal-Infant Services Network of Orange, Sullivan & Ulster Counties, Inc.
allocates indirect costs as limited by the grant requirements and granting sources ranging from 0%-15%.
The accompanying Schedule of Expenditures of Federal Awards is presented using 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.
Title: Indirect Cost Rate
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards is presented using 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.
De Minimis Rate Used: N
Rate Explanation: Maternal-Infant Services Network of Orange, Sullivan & Ulster Counties, Inc.
allocates indirect costs as limited by the grant requirements and granting sources ranging from 0%-15%.
Maternal-Infant Services Network of Orange, Sullivan & Ulster Counties, Inc. allocates indirect costs as limited by the grant requirements and granting sources ranging from 0%-15%.