Audit 359256

Accounting Policies: Note 1 The accompanying Schedule of Expenditures of Federal Awards includes the Federal grant activity of the Alliance, and is presented on the accrual basis of accounting. The information in this schedule is presented in accordance with requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles and Audit Requirements for Federal Awards ("Uniform Guidance"). Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in, the basic financial statements. Note 2 Management has reported that expenditures in this Schedule of Expenditures of Federal Awards are equal to or derived from those amounts reported in the annual or final cost reports. Unallowed differences, if any, have been disclosed to the auditor. Note 3 The financial reports, including claims for advances and reimbursements, and amounts claimed or used for matching are timely, complete, accurate and contain information that is supported by the books and records from which the financial statements have been prepared. Note 4 The amount expended includes $194,257 claimed as an indirect cost recovery using an approved indirect cost rate of 29.86%. The Alliance did not use the 10% de minimis indirect cost rate allowed under the Uniform Guidance. Note 5 A reconciliation of expenditures on the Schedule of Expenditures of Federal Awards with Federal sources reported on the financial statements are as follows: Federal expenditures per Schedule of Expenditures of Federal Awards $ 2,024,199 Federal revenues not subject to Single Audit 75,747 Federal sources per financial statements $ 2,099,946 De Minimis Rate Used: N Rate Explanation: The amount expended includes $194,257 claimed as an indirect cost recovery using an approved indirect cost rate of 29.86%. The Alliance did not use the 10% de minimis indirect cost rate allowed under the Uniform Guidance.