Notes to SEFA
Title: SUBRECIPIENTS
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 Texas Single Audit Circular, wherein certain types of
expenditures are not allowable or are limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: Brazos Valley Community Action Agency, Inc. has elected not to use the 10% de minimus
indirect cost rate as allowed under the Uniform Guidance or the State of Texas Single Audit
Circular.
The Agency passed no federal and state awards through to subrecipients.
Title: ASSISTANCE LISTING NUMBER (ALN) 93.530
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 Texas Single Audit Circular, wherein certain types of
expenditures are not allowable or are limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: Brazos Valley Community Action Agency, Inc. has elected not to use the 10% de minimus
indirect cost rate as allowed under the Uniform Guidance or the State of Texas Single Audit
Circular.
The Organization received and expended funds from Affordable Care Act – Teaching Health
Center Graduate Medical Education (THCGME) Payments Program. The amounts of funds
received during the period under audit, $41,224, is not included in the Schedule of
Expenditures of Federal Awards above as the program, ALN 93.530, is exempt from the
Uniform Guidance requirements per the program description.