Notes to SEFA
Title: Basis of Presentation
Accounting Policies: Accrual basis of accounting
De Minimis Rate Used: N
Rate Explanation: The auditee elected to use a negotiated rate
The expenditure of federal awardswas presented in accordance with Title 2 US Code of Federal Regulations Part 200.
Title: Summary of Significant Accounting Policies
Accounting Policies: Accrual basis of accounting
De Minimis Rate Used: N
Rate Explanation: The auditee elected to use a negotiated rate
Expenditures are reported on the accrual basis