Notes to SEFA
Title: Summary of Significxant Accounting Policies
Accounting Policies: Basis of Presentation of summary of Signficant Policies
De Minimis Rate Used: N
Rate Explanation: Did not use 10 % deminimus election
The accompanying Schedule of Expentitures of Federal Awards includes the federal grant activity of the Cullman CountyhCenter for the developmentally Disabled, Inc. (CCCDD) under programs of the federal government for the year ended September 30, 2024. The information in this schedule is presented in accordance with the requirements of Title 2 US Code of federal REgulations Part 200, uniform Administrative Requirements, Cost Principles, and Audit Requiremtns for Federal Awards (Uniform Guidance). Because the Schedule presnets only a selected portion of the operations of CCCDD, it is not intended to and ddoes not present the financial position, or changes in net position of CCCDD. Expenditures presented in the Scheduleare reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, where certain types of expenditures are notallowable or are limited as to reimbursement. CCCDD has elected to forego the 10% diminimus indirectd cost rate, as allowed under the Unmform Guidance.