Notes to SEFA
The accompanying Schedules of Expenditures of Federal Awards and State Financial Assistance, (the Schedule) includes the federal award and state financial assistance activity of Southeast Florida Behavioral Health Network, Inc. (the Organization) under programs of the federal and state government for the year ended June 30, 2025. The information in this Schedule is presented in accordance with the requirements of the Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements of Federal Awards, (Uniform Guidance) and Chapter 10.650, Rules of the Florida Auditor General. Because the Schedule presents only a selected portion of the operations of the Organization, it is not intended to and does not present the financial position, changes in net assets, or cash flows of the Organization.
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 and Chapter 10.650, Rules of the Florida Auditor General, wherein certain types of expenditures are not allowable or are limited as to reimbursement, as applicable.
The Organization elected not to use the de minimis indirect cost rate as allowed under the Uniform Guidance.