Notes to SEFA
Title: PURPOSE OF SCHEDULE
Accounting Policies: BASIS OF ACCOUNTING, CFDA NUMBERS MAJOR PROGRAMS MATCHING COST INDIRECT COST RATE
De Minimis Rate Used: N
Rate Explanation: AGENCY USED A NEGOTIATED RATE
THE SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS IS A SUPPLEMENTARY SCHEDULE TO THE BASIC FINANCIAL STATEMENTS. THE SCHEDULE IS REQUIRED BY THE US OFFICE OF MANAGEMENT AND BUDGET UNIFORM GUIDANCE, AUDITS OF STATES, LOCAL GOVERNMENTS AND NON-PROFIT ORGANIZATIONS.
Title: BASIS OF ACCOUNTING
Accounting Policies: BASIS OF ACCOUNTING, CFDA NUMBERS MAJOR PROGRAMS MATCHING COST INDIRECT COST RATE
De Minimis Rate Used: N
Rate Explanation: AGENCY USED A NEGOTIATED RATE
BASIS OF ACCOUNTING - THE INFORMATION IN THE SCHEULE IS PRESENTED IN ACCORDANCE WITH UNIFORM GUIDANCE. THE SCHEDULE IS PRPARED USING THE SAME ACCOUNTING POLICIES AND BASIS OF ACCOUNTING AS THE BASIC FINANCIAL STATEMENTS.
Title: CFDA NUMBERS
Accounting Policies: BASIS OF ACCOUNTING, CFDA NUMBERS MAJOR PROGRAMS MATCHING COST INDIRECT COST RATE
De Minimis Rate Used: N
Rate Explanation: AGENCY USED A NEGOTIATED RATE
UNIFORM GUIDANCE REQUIRES THE SCHEDULE TO SHOW THE TOTAL EXPENDITURES FOR EACH OF THE ENTITIY'S FEDERAL FINANCIAL ASSISTANCE PROGRAMS AS IDENTIFIED IN THE CATALOG OF FEDERAL DOMESTIC ASSISTANCE. THE CFDA IS A GOVERNMENT-WID COMPENDIUM OF INDIVIDUAL FEDERAL PROGRAMS. EACH PROGRAM INCLUDED IN THE CFDA IS ASSIGNED A FIVE DIGIT PROGRAM IDENTIFICATION NUMBER.
Title: MAJOR PROGRAMS
Accounting Policies: BASIS OF ACCOUNTING, CFDA NUMBERS MAJOR PROGRAMS MATCHING COST INDIRECT COST RATE
De Minimis Rate Used: N
Rate Explanation: AGENCY USED A NEGOTIATED RATE
UNIFORM GUIDANCE ESTABLISHES A RISK-BASED APPROACH TO DETERMINING WHICH FEDERAL PROGRAMS ARE MAJOR PROGRAMS. THE FEDERAL AWARDS TESTED AS A MAJOR PROGRAM WAS THE CFDA NUMBER 93.600.
Title: MATCHING COSTS
Accounting Policies: BASIS OF ACCOUNTING, CFDA NUMBERS MAJOR PROGRAMS MATCHING COST INDIRECT COST RATE
De Minimis Rate Used: N
Rate Explanation: AGENCY USED A NEGOTIATED RATE
THE SCHEDULE DOES NOT INCLUDE MATCHING EXPENDITURES.
Title: INDIRECT COST RATE
Accounting Policies: BASIS OF ACCOUNTING, CFDA NUMBERS MAJOR PROGRAMS MATCHING COST INDIRECT COST RATE
De Minimis Rate Used: N
Rate Explanation: AGENCY USED A NEGOTIATED RATE
THE ENTITY HAS NOT ELECTED TO USE THE 10% DE MINIMIS COST RATE.