Notes to SEFA
Title: NOTES TO THE SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS
FOR THE YEAR ENDED JUNE 30, 2024
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards is presented using the cash basis of accounting, which is described in Note A to The Office's Statement of Cash Receipts and Cash Disbursements.
De Minimis Rate Used: N
Rate Explanation: The Office has not elected to use the 10 percent de minimis indirect cost rate allowed under the Uniform Guidance.
NOTE A - GENERAL
The accompanying Schedule of Expenditures of Federal Awards presents the activity of all federal financial assistance programs of the Office. The Office reporting entity is defined in Note A to the Office's Statement of Cash Receipts and Cash Disbursements. Federal financial assistance passed through from other government agencies is included on the schedule.
NOTE B - BASIS OF ACCOUNTING
The accompanying Schedule of Expenditures of Federal Awards is presented using the cash basis of accounting, which is described in Note A to The Office's Statement of Cash Receipts and Cash Disbursements.
The Office has not elected to use the 10 percent de minimis indirect cost rate allowed under the Uniform Guidance.