Notes to SEFA
Title: Reconciliation of SEFA to financial statement revenues
Accounting Policies: The Schedule of Expenditures of Federal Awards is prepared in accordance with the accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: n/a
Grant and reimbursement contracts revenue reported in the Statement of Activities of $29,634,572 includes revenues form various non-federal sources of $5,784,678; the difference of $23,849,894 agrees with expenditures reported on the SEFA .