Notes to SEFA
Title: BASIS OF PRESENTATION
Accounting Policies: The accompanying schedule of expenditures of federal awards and state financial assistance
includes the federal and state grant activity for the year ended June 30, 2024. Expenditures
reported on the schedule are reported on the accrual basis of accounting
De Minimis Rate Used: N
Rate Explanation: The Coalition did not elect to utilize the ten percent de minimis indirect cost rate as allowed under
the Uniform Guidance
The information in this schedule is presented in accordance with the requirements of Title 2
U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost
Principles, and Audit Requirements for Federal Awards (Uniform Guidance) and Chapter 10.650,
Rules of the State of Florida Auditor General. Since the schedule presents only a select portion of
the operations of the Coalition, it is not intended to and does not present the financial position,
changes in net assets or cash flows of the Coalition.