Notes to SEFA
Title: NOTE A - BASIS OF PRESENTATION
Accounting Policies: Drinking Water State Revolving Fund amounts are awarded by the U. S. Environmental Protection Agency to the State of Hawaii, Department of Health (DOH). The DOH then makes subawards to the Department in the form of loans. Expenditures reported on the Schedule include project expenditures incurred under these loans during the fiscal year ended June 30, 2024.
De Minimis Rate Used: N
Rate Explanation: The Department has elected not to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance.
The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal award activities of the Department under programs of the federal government for the fiscal year ended June 30, 2024. 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). Because the Schedule presents only a selected portion of the operations of the Department, it is not intended to and does not present the financial position, changes in financial position, or cash flows of the Department.