Notes to SEFA
Title: Loan/loan guarantee outstanding balance
Accounting Policies: Expenditures are recognized following the cost principles contained in Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: Prairie Haven, Inc. has elected not to use the 10 percent de minimis indirect cost rate allowed under the Uniform Guidance. No indirect costs are allocated.
SUPPORTIVE HOUSING FOR THE ELDERLY (14.157) - Balances outstanding at the end of the audit period were $1,498,700.