Notes to SEFA
Accounting Policies: Expenditures reported on the Schedule 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 limited as to reimbursement. Negative amounts shown on the Schedule
represent adjustments or credits made in the normal course of business to amounts reported as expenditures
in prior years.
De Minimis Rate Used: Y
Rate Explanation: CHC has elected to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance for certain
grants that allow the use of the 10% de minimis indirect cost rate.