Notes to SEFA
The schedule of expenditures of federal awards includes the federal grant awards of the Nez Perce Tribal Housing Authority and is presented on the accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance ). Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in, the presentation of the basic financial statements.
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 are limited as to reimbursement.
The Nez Perce Tribal Housing Authority has elected not to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance.
The Nez Perce Tribal Housing Authority does not pass any funds to subrecipients.