Notes to SEFA
Accounting Policies: The accompanying schedule of expenditures of federal awards (the Schedule) summarized the expenditures of San Fernando Community Health Center (the Center) under programs of the federal government for the year ended June 30, 2024. 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). Because the Schedule presents only a selected portion of the operations of the Center, it is not intended to, and does not, present the financial position, changes in net assets, or cash flows for the Center.
De Minimis Rate Used: Y
Rate Explanation: The Center did use the federal de minimis cost rate.