Notes to SEFA
Title: SEFA preparation
Accounting Policies: The Schedule of Expenditures of Federal Awards is prepared in accordance with the modified accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
Management has utilized the Cash Management System Grant Auditor Report in preparing theSchedule of Expenditures of Federal Awards.
Title: Reconciliation of statement Revenues to SEFA expenditures
Accounting Policies: The Schedule of Expenditures of Federal Awards is prepared in accordance with the modified accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
Revenues from federal sources per June 30, 2021 governmental fund financial statements $1,575,139 Expenditures per Schedule of Expenditures of Federal Awards $1,575,139