Notes to SEFA
The accompanying schedule of expenditures of federal awards includes the federal award activity. The information in the schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requireements, Cost Principles, and Audit Requiremetns for Federal Awards. This schedule is presented on the accrual basis of accounting. The entity did not elect to use the 10 deminimis cost rate. The entity has no outstanding loan balances relaed to any Assistance Listing.