Notes to SEFA
Title: NOTE C - MAJOR PROGRAMS
Accounting Policies: EXPENDITURES ARE REPORTED ON ACCRUAL BASIS. SUCH EXPENDITURES ARE RECOGNIZED FOLLOWING COST PRINCIPLES IN UNIFORM GUIDANCE, WHEREIN CERTAIN TYPES OF EXPENDITURES ARE NOT ALLOWABLE OR ARE LIMITED AS TO REIMBURSEMENT. PASS THROUGH ENTITY ID NUMBERS ARE PRESENTED WHERE AVAILABLE
De Minimis Rate Used: N
Rate Explanation: THE CENTER HAS NOT ELECTED TO USE THE 1CeciN3stPas@!0% DE MINIMUS COST RATE
The following programs represent all Federal awards tested as major programs. Since the Center is a high-risk auditee, coverage of at least 40% of federally awarded funds was requried. Actual coverage was approximately 49% of total federally awarded expenditures.