Notes to SEFA
Title: NOTE A - BASIS OF PRESENTATION
Accounting Policies: This schedule has been prepared in accordance with accounting principles generally accepted in the
United States of America. Expenditures are recorded when goods or services are received.
De Minimis Rate Used: N
Rate Explanation: NONE
This schedule has been prepared in accordance with accounting principles generally accepted in the
United States of America. Expenditures are recorded when goods or services are received.
Title: NOTE B - INDIRECT COST RATE
Accounting Policies: This schedule has been prepared in accordance with accounting principles generally accepted in the
United States of America. Expenditures are recorded when goods or services are received.
De Minimis Rate Used: N
Rate Explanation: NONE
Coffeyville Community College did not elect to use the 10% de minimis cost rate.
Title: (1)
Accounting Policies: This schedule has been prepared in accordance with accounting principles generally accepted in the
United States of America. Expenditures are recorded when goods or services are received.
De Minimis Rate Used: N
Rate Explanation: NONE
These are subsidized and unsubsidized loans to students and parents at the College
and are not included in the College's revenues and expenditures.