Notes to SEFA
Accounting Policies: Basis of Presentation and Significant Accounting Policies
The accompanying schedule of expenditures of federal awards includes the federal grant activity of CADA and is presented on the accrual basis of accounting. 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).
De Minimis Rate Used: N
Rate Explanation: CADA has elected not to use the 10 percent de minimis cost rate. During the year ended June 30, 2024, CADA utilized a final indirect cost rate of 22.60% as approved by the United States Department of Health and Human Services on May 25, 2022, as well as a provisional indirect cost rate of 22.20% as approved by the United States Department of Health and Human Services on February 14, 2024.