Notes to SEFA
Accounting Policies: All expenditures included in the schedule of expenditures of federal awards are presented on the basis that expenditures are reported to the respective federal grantor agencies. Accordingly, expenditures are recorded when the federal obligation is determined. The schedule of expenditures of federal awards reflects federal expenditures for all individual grants which were active during the fiscal year.
De Minimis Rate Used: N
Rate Explanation: ICHDE did not use the federal de minimis indirect cost rate of 10% on their federal grants for the year ended June 30, 2024.