Notes to SEFA
Title: BASIS OF ACCOUNTING
Accounting Policies: ACCRUAL
De Minimis Rate Used: N
Rate Explanation: USED NEGOTIATED RATE
The accompanying Schedule is presented using the modified accrual basis of accounting, the
Title: BASIS OF ACCOUNTING
Accounting Policies: ACCRUAL
De Minimis Rate Used: N
Rate Explanation: USED NEGOTIATED RATE
method used to prepare the Tribe’s basic financial statements, which is described in Note 1. to
Title: BASIS OF ACCOUNTING
Accounting Policies: ACCRUAL
De Minimis Rate Used: N
Rate Explanation: USED NEGOTIATED RATE
the Tribe’s basic financial statements. The information in this schedule is presented in accordance
Title: BASIS OF ACCOUNTING
Accounting Policies: ACCRUAL
De Minimis Rate Used: N
Rate Explanation: USED NEGOTIATED RATE
with the requirements of the Uniform Guidance. Accordingly, expenses are recognized
Title: BASIS OF ACCOUNTING
Accounting Policies: ACCRUAL
De Minimis Rate Used: N
Rate Explanation: USED NEGOTIATED RATE
following the cost principles contained in the Uniform Guidance, wherein certain types of
Title: BASIS OF ACCOUNTING
Accounting Policies: ACCRUAL
De Minimis Rate Used: N
Rate Explanation: USED NEGOTIATED RATE
expenses are not allowable or are limited as to reimbursement. Negative amounts shown on
Title: BASIS OF ACCOUNTING
Accounting Policies: ACCRUAL
De Minimis Rate Used: N
Rate Explanation: USED NEGOTIATED RATE
the Schedule represent adjustments or credits made in the normal course of business to
Title: BASIS OF ACCOUNTING
Accounting Policies: ACCRUAL
De Minimis Rate Used: N
Rate Explanation: USED NEGOTIATED RATE
amounts reported as expenditures in prior years.