Notes to SEFA
Title: NOTE 2
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 and the State of Florida Chapter 10.650, Rules of the Auditor General, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: The indirect cost rates used for the Agency's programs are determined by the relevant federal or state agency.
The Agency has elected not to use the 10% de minimus indirect cost rate for its federal and state financial assistance programs. The indirect cost rates used for the Agency's programs are determined by the relevant federal or state agency.
Title: NOTE 3
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 and the State of Florida Chapter 10.650, Rules of the Auditor General, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: The indirect cost rates used for the Agency's programs are determined by the relevant federal or state agency.
The Uniform Guidance defines a cluster of programs as a grouping of closely related programs that share compliance requirements. According to this definition, similar programs deemed to be a cluster of programs are considered to be one program and are presented accordingly.