Notes to SEFA
Title: NOTE 1 - BASIS OF ACCOUNTING
Accounting Policies: This schedule is presented on the accrual basis of accounting in accordance with generally accepted accounting principles.
De Minimis Rate Used: N
Rate Explanation: The auditee did not elect to use the de minimis cost rate.
This schedule is presented on the accrual basis of accounting in accordance with generally accepted accounting principles.
Title: NOTE 2 - ADDITIONAL INFORMATION
Accounting Policies: This schedule is presented on the accrual basis of accounting in accordance with generally accepted accounting principles.
De Minimis Rate Used: N
Rate Explanation: The auditee did not elect to use the de minimis cost rate.
Assistance Listing Number 21.027, ARPA-CAC2023-0039 includes $519,722 in expenditures that occurred prior to January 1, 2024.
Title: NOTE 3 - INDIRECT COST RATE
Accounting Policies: This schedule is presented on the accrual basis of accounting in accordance with generally accepted accounting principles.
De Minimis Rate Used: N
Rate Explanation: The auditee did not elect to use the de minimis cost rate.
Community Assisted and Supported Living, Inc. neither has an indirect cost agreement nor uses the 10% de minimis indirect cost rate.