Notes to SEFA
Title: Note 3 – Subrecipients:
Accounting Policies: The accompanying schedule of expenditures of federal awards includes the federal grant activity of Mountain State Educational Services Cooperative and is presented on the accrual basis of accounting. 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).
De Minimis Rate Used: N
Rate Explanation: Mountain State Educational Services Cooperative did not elect to use the 10% de minims indirect cost rate for its federal programs.
Mountain State Educational Services Cooperative did not have subrecipients during the 2024 fiscal year.