Notes to SEFA
Accounting Policies: Expenditures reported on the Schedule are reported on the accrual basis of accounting, which is described in Note 1 to the financial statements. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. Pass-through entity identifying numbers are presented where available
De Minimis Rate Used: Y
Rate Explanation: For purposes of charging indirect costs to federal awards, the Agency has elected to use the 10 percent de minimis cost rate as permitted by §200.414 of the Uniform Guidance