Notes to SEFA
Accounting Policies: This schedule is presented on the accrual basis of accounting. The information in this schedule s presented in accordance with the requirments of Title 2 U.S. Code of Federal Regulations part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards. The financial acitivity shown in this schedule reflects amounts recoded by the Corporation during the fiscal year ended June 30, 2023.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.