Notes to SEFA
Title: Matching Costs
Accounting Policies: Expenditures reported on the Schedule are reported on 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: Community Action Partnership for Dutchess County, Inc. and Subsidiary has not elected to use the 10% de minimis indirect cost rate as allowed under the Uniform Guidance.
Matching costs, i.e. Community Action Partnership for Dutchess County, Inc. and Subsidiary’s share of certain program costs, are not included in the reported expenditures.