Notes to SEFA
Title: Note B - Other Information
Accounting Policies: The information in this schedule 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). Therefore, some amounts presented in this schedule may differ from amounts presented in or used in the preparation of the basic financial statements.
De Minimis Rate Used: Y
Rate Explanation: The Agency did elect to use the 10% de minimis indirect cost rate.
There were no amounts provided to subrecipients; there was no noncash assistance, there was no federal insurance in effect; and there were no loans or loan guarantees with continuing compliance requirements.