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: N
Rate Explanation: n/a
Grant and reimbursement contracts revenue reported in the Statement of Activities of $29,550,151 includes revenues form various non-federal sources of $6,055,945; the difference of $23,494,206 agrees with expenditures reported on the SEFA .