Notes to SEFA
Accounting Policies: The Schedule of Expenditures of Federal Awards includes the federal grant activity of Sacred Heart Rehabilitation Center, Inc. and is presented on the accrual basis of accounting. See Note 1 to the financial statements for further discussion of the Center's accounting policies. The information in this schedule is presented in accordance with the requirements of the Uniform Grant Guidance. Therefore, some amounts presented in this schedule may differ from those amounts presented in, or used in the preparation of, the basic financial statements.
De Minimis Rate Used: Y
Rate Explanation: Sacred Heart Rehabilitation Center, Inc. elects to use the 10% de minimis indirect cost rate.