Notes to SEFA
Accounting Policies: The above schedule of expenditures of federal awards includes the federal grant activity of the Community Resource for requirements of Independent Living Center and is presented on the accrual basis of accounting. The information in this schedule is presented in accordance with theTitle 2 U.S. Code of Federal Regulations (CFR), Part 200, Uniform Administrative Requirements, Cost Principles, and Audit for Federal Awards (Uniform Guidance). Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of, the basic financial statements.
De Minimis Rate Used: N
Rate Explanation: Not considered necessary