Notes to SEFA
Title: Reconciliation of SEFA to financial statement revenues
Accounting Policies: The Schedule of Expenditures of Federal Awards is prepared in accordance with the accrual basis of accounting.
De Minimis Rate Used: Y
Rate Explanation: n/a
Federal revenue reported in the Statement of Activities line item "Other grants and reimbursement contracts" totals $3,682,959 which includes non-Federal grant funds of $1,719,029 and Federal grants of $1,963,930 which agrees with expenditures reported on the SEFA .