Notes to SEFA
Title: 1
Accounting Policies: This schedule is prepared on the same (accrual) basis of accounting as the financial statements.
De Minimis Rate Used: N
Rate Explanation: The Agency did not elect to use the 10 percent de minimis indirect cost rate.
The Agency is a sub-recipient has an approved indirect cost allocation plan with the pass-through grantor Tennessee Department of Labor and Workforce Development.
Title: 2
Accounting Policies: This schedule is prepared on the same (accrual) basis of accounting as the financial statements.
De Minimis Rate Used: N
Rate Explanation: The Agency did not elect to use the 10 percent de minimis indirect cost rate.
The Agency did not elect to use the 10 percent de minimis indirect cost rate.
Title: 3
Accounting Policies: This schedule is prepared on the same (accrual) basis of accounting as the financial statements.
De Minimis Rate Used: N
Rate Explanation: The Agency did not elect to use the 10 percent de minimis indirect cost rate.
This schedule is prepared on the same (accrual) basis of accounting as the financial statements.
Title: 4
Accounting Policies: This schedule is prepared on the same (accrual) basis of accounting as the financial statements.
De Minimis Rate Used: N
Rate Explanation: The Agency did not elect to use the 10 percent de minimis indirect cost rate.
The accompanying notes are an integral part of the financial statements.