Notes to SEFA
Title: Significant Accounting Policies Used
Accounting Policies: The schedule of expenditures of federal awards was prepared on the accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: The auditee did not elect to use the 10 percent de minimis indirect cost rate as allowed under the Uniform Guidance.
The schedule of expenditures of federal awards was prepared on the accrual basis of accounting.
Title: Subrecipients
Accounting Policies: The schedule of expenditures of federal awards was prepared on the accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: The auditee did not elect to use the 10 percent de minimis indirect cost rate as allowed under the Uniform Guidance.
No federal funds were awarded to subrecipients during the year ended December 31, 2023.
Title: De minimis cost rate
Accounting Policies: The schedule of expenditures of federal awards was prepared on the accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: The auditee did not elect to use the 10 percent de minimis indirect cost rate as allowed under the Uniform Guidance.
The auditee did not elect to use the 10 percent de minimis indirect cost rate as allowed under the Uniform Guidance.