Notes to SEFA
Title: Basis of Ppresentation
Accounting Policies: Summary of Significant Accounting Policies
De Minimis Rate Used: Y
Rate Explanation: Indirect Cost Rate
A description of the District's basis of accounting (cash basis)
Title: Summary of Significant Accounting Policies
Accounting Policies: Summary of Significant Accounting Policies
De Minimis Rate Used: Y
Rate Explanation: Indirect Cost Rate
Reconciliation of expenditures to cash basis revenues
Title: Indirect Cost Rate
Accounting Policies: Summary of Significant Accounting Policies
De Minimis Rate Used: Y
Rate Explanation: Indirect Cost Rate
The District elected to use the 10% de minimis rate