Notes to SEFA
The schedule of expenditures of federal awards includes federal grant and loan activity of East Arkansas Planning and Development District, Inc. and is presented on the accrual basis of accounting. This information 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, Audits of States, Local Governments, and Non-Profit Organizations.
The entity did not elect to use the 10% de minimus indirect cost rate