Notes to SEFA
Title: Schedule of Expenditures of Federal Awards
Accounting Policies: Expenditures reported on the schedule are reported on the cash basis of accounting. Such expenditures are recognized following cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: The auditee elected not to use the de minimis cost rate.
Summary reconciliation between the Schedule of Expenditures of Federal Awards and the Statement of Receipts, Disbursements, and Changes in Fund Balance - Cash Basis - Governmental Funds