Notes to SEFA
Title: Basis of Presentation
Accounting Policies: Generally accepted accounting principles.
De Minimis Rate Used: Y
Rate Explanation: Auditee elected de minimis cost rate.
The accompanying schedule of expenditures of federal awards includes the federal grant activity
of South Suburban Council on Alcoholism and Substance Abuse (the “Council”) for the fiscal year
ended June 30, 2024. The information in this schedule is presented in accordance with the
requirements of the Uniform Guidance. Because the schedule presents only a selected portion of
the operations of the Council, it is not intended to and does not present the financial position,
changes in net assets, or cash flows of the Council.
Title: Summary of Significant Accounting Policies
Accounting Policies: Generally accepted accounting principles.
De Minimis Rate Used: Y
Rate Explanation: Auditee elected de minimis cost rate.
Expenditures reported on the schedule of expenditures of federal awards are reported on the
accrual basis of accounting. Such expenditures are recognized following the cost principles
contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or
are limited as to reimbursement. The Council has elected to use the 10% de minimis indirect cost
rate allowed under the Uniform Guidance.
Title: Sub-Recipients
Accounting Policies: Generally accepted accounting principles.
De Minimis Rate Used: Y
Rate Explanation: Auditee elected de minimis cost rate.
The Council provided no federal awards to sub-recipients during the fiscal year ended June 30,
2024.
Title: Nonmonetary Assistance
Accounting Policies: Generally accepted accounting principles.
De Minimis Rate Used: Y
Rate Explanation: Auditee elected de minimis cost rate.
The Council neither received nor disbursed federal awards in the form of nonmonetary assistance
for the fiscal year ended June 30, 2024
Title: Insurance and Loans or Guarantees
Accounting Policies: Generally accepted accounting principles.
De Minimis Rate Used: Y
Rate Explanation: Auditee elected de minimis cost rate.
During the fiscal year ended June 30, 2024, the Council received no loans, loan guarantees, or
other federal assistance for the purpose of administering federal programs.