Notes to SEFA
Title: Basis of Presentation
Accounting Policies: "Expenditures reported in the schedule are reported on the accrual basis of accounting. When applicable, such
expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain
types of expenditures are not allowable or are limited as to reimbursement. No federal financial assistance has
been provided to a subrecipient."
De Minimis Rate Used: N
Rate Explanation: GDPS CA has not elected to use the ten percent de minimis cost rate.
The accompanying consolidated Schedule of Expenditures of Federal Awards (the schedule) includes the Federal
award activity of GDPS CA under programs of the federal government for the year ended June 30, 2024. The
information is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations
Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards
(Uniform Guidance). Because the schedule presents only a selected portion of the operations of GDPS CA, it is
not intended to and does not present the financial position, changes in net assets, or cash flows of GDPS CA.
Title: Summary of Significant Accounting Policies
Accounting Policies: "Expenditures reported in the schedule are reported on the accrual basis of accounting. When applicable, such
expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain
types of expenditures are not allowable or are limited as to reimbursement. No federal financial assistance has
been provided to a subrecipient."
De Minimis Rate Used: N
Rate Explanation: GDPS CA has not elected to use the ten percent de minimis cost rate.
Expenditures reported in the schedule are reported on the accrual basis of accounting. When applicable, such
expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain
types of expenditures are not allowable or are limited as to reimbursement. No federal financial assistance has
been provided to a subrecipient.
Title: Indirect Cost Rate
Accounting Policies: "Expenditures reported in the schedule are reported on the accrual basis of accounting. When applicable, such
expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain
types of expenditures are not allowable or are limited as to reimbursement. No federal financial assistance has
been provided to a subrecipient."
De Minimis Rate Used: N
Rate Explanation: GDPS CA has not elected to use the ten percent de minimis cost rate.
GDPS CA has not elected to use the ten percent de minimis cost rate.
Title: Food Donation
Accounting Policies: "Expenditures reported in the schedule are reported on the accrual basis of accounting. When applicable, such
expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain
types of expenditures are not allowable or are limited as to reimbursement. No federal financial assistance has
been provided to a subrecipient."
De Minimis Rate Used: N
Rate Explanation: GDPS CA has not elected to use the ten percent de minimis cost rate.
At June 30, 2024, GDPS CA had no food commodities in inventory.