Notes to SEFA
Accounting Policies: The Redevelopment Authority of Allegheny County (the Authority) as the reporting entity for financial reporting purposes is defined in Note 1 to the Authority's basic financial statements. For purposes of preparing the schedule of expenditures of federal awards, the Authoritys reporting entity is the same that was used for financial reporting. The accompanying schedule of expenditures of federal awards is presented using the modified accrual basis of accounting, which is described in Note 1 to the Authority's basic financial statements. The Authority did not use the 10% de minimis indirect cost rate.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.