Notes to SEFA
Accounting Policies: Basis of Presentation-The schedule of expenditures of federal awards includes the federal grant activity of Tri-County Community Action Agency, Inc. and is presented on the accrual basis of accounting. The information in the schedule is presented in accordance with the requirements of CFR Part 200 "Uniform Administrative Requirements, Costs Principles and Audit Requirements for Federal Awards".
De Minimis Rate Used: Y
Rate Explanation: TIA HAS NOT ELECTED TO USE THE 10% DE MINIMIS INDIRECT COST RATE AS PER 2 CFR 200.510 ((b) (6)