Notes to SEFA
Title: NOTE C
Accounting Policies: THE SCHEDULE OF EXPENDITURES WAS PREPARED ON THE ACCRUAL BASIS OF ACCOUNTING. THE INFORMATION IS PRESENTED IN ACCORDANCE WITH THE REQUIREMENTS OF TITLE 2 US CODE OF FEDERAL REGULATION PART 200 UNIFORM ADMINISTRATIVE REQUIREMENTS COST PRINCIPLES AND AUDIT REQUIREMENTS FOR FEDERAL AWARDS UNIFORM GUIDANCE
De Minimis Rate Used: N
Rate Explanation: THEY WERE NOT REQUIRED TO USE THE RATE
THE BEGINNING AND ENDING BALANCE OF THE SECTION 202 CAPITAL ADVANCE AND HOME PROGRAM ARE THE SAME