Notes to SEFA
Accounting Policies: Expenditures reported in the schedule are reported on the accrual basis of accounting basis if reported in the
proprietary funds and on the modified accrual basis of accounting if reported in the governmental funds. When
applicable, such expenditures are recognized following the cost principles contained in the Uniform Guidance,
wherein certain types of expenditures are not allowable or are limited as to reimbursement. No federal financial
assistance has been provided to a subrecipient.
De Minimis Rate Used: N
Rate Explanation: NA