Notes to SEFA
Title: Reconciliation of SEFA to Federal revenues per financial statements
Accounting Policies: The Schedule of Expenditures of Federal Awards is prepared in accordance with the modified accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
Reconciliation of revenues from federal sources per financial statementsand expenditures per the Schedule of Expenditures of Federal Awards:Grants reported on Governmental Funds Statement of Revenues, Expenditures and Changes in Fund Balance $2,135,550 Agrees to Schedule of Expenditures of Federal Awards $2,135,550