Notes to SEFA
Title: Note A
Accounting Policies: Accrual Basis /Expenditures follows the Uniform Guidance
De Minimis Rate Used: Y
Rate Explanation: TASK has elected to use the 10 percent de minimis indirect cost rate
The accompanying schedule of expenditures of federal awards includes the federal grant activity of TASK under programs of the federal government for the year ended September 30, 2023. The information in this schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Because the schedule presents only a selected portion of the operations of TASK, it is not intended to and does not present the financial position, changes in net assets, or cash flows of TASK.
Title: Note B
Accounting Policies: Accrual Basis /Expenditures follows the Uniform Guidance
De Minimis Rate Used: Y
Rate Explanation: TASK has elected to use the 10 percent de minimis indirect cost rate
(1) Expenditures reported on this 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 for reimbursement.
Title: Note C
Accounting Policies: Accrual Basis /Expenditures follows the Uniform Guidance
De Minimis Rate Used: Y
Rate Explanation: TASK has elected to use the 10 percent de minimis indirect cost rate
There were no payments of federal funds to subrecipients for the year ended September 30, 2023.
Title: Note D
Accounting Policies: Accrual Basis /Expenditures follows the Uniform Guidance
De Minimis Rate Used: Y
Rate Explanation: TASK has elected to use the 10 percent de minimis indirect cost rate
There were no payments of federal funds to subrecipients for the year ended September 30, 2023.