Notes to SEFA
Title: Note 1:
Accounting Policies: Federal program expenditures included in the accompanying schedule are presented on the modified accrual basis of accounting. The information in the schedule is presented in accordance with requirements of Titlle 2 CFR Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards.
De Minimis Rate Used: N
Rate Explanation: The de minimis indirect cost method was not utilized.
Federal program expenditures included in the accompanying schedule are presented on the modified accrual basis of accounting. The information in the schedule is presented in accordance with requirements of Titlle 2 CFR Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards. Items with an asterisk (*) are major programs. The de minimis indirect cost method was not utilized.
Title: Note 2:
Accounting Policies: Federal program expenditures included in the accompanying schedule are presented on the modified accrual basis of accounting. The information in the schedule is presented in accordance with requirements of Titlle 2 CFR Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards.
De Minimis Rate Used: N
Rate Explanation: The de minimis indirect cost method was not utilized.
There were no loan/loan guarantees related to the schedule of expenditures of federal awards.
Title: Note 3:
Accounting Policies: Federal program expenditures included in the accompanying schedule are presented on the modified accrual basis of accounting. The information in the schedule is presented in accordance with requirements of Titlle 2 CFR Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards.
De Minimis Rate Used: N
Rate Explanation: The de minimis indirect cost method was not utilized.
The Wholesale Value of Commodities in the amount of $18,316 is noncash financial assistance. This non-monetary assistance is reported in the schedule at the fair market value of the commodities received and disbursed.
Title: Note 4:
Accounting Policies: Federal program expenditures included in the accompanying schedule are presented on the modified accrual basis of accounting. The information in the schedule is presented in accordance with requirements of Titlle 2 CFR Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards.
De Minimis Rate Used: N
Rate Explanation: The de minimis indirect cost method was not utilized.
No amounts were passed to subrecipients.