Notes to SEFA
Accounting Policies: Expenditure reported in the schedule are reported on the accrual basis of accounting. When applicable, such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limted as to reimbursement. No federal financial assistance has been provided to a subrecipient.
De Minimis Rate Used: N
Rate Explanation: Community Coordinated Transportation System has not elected to use the 10 percent de minimus indirect cost rate allowed under the Uniform Guidance.