Notes to SEFA
The accompanying schedule of expenditures of federal awards is presented on the accrual basis of accounting.
The information on this schedule is presented in accordance with the requirements of Title 2 of US Code of Federal Regulations Part 200, Uniform Guidance.
The amounts presented in this schedule do not differ from the amounts presented in or used in the preparation of the financial statements.
Teche Action Board, Inc has elected not to use the 15 percent de minimis indirect cost rate as allowed under Uniform Guidance,