Notes to SEFA
Title: Basis of Presentation
Accounting Policies: 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, wherein certain types of expenditures are not allowable or are limited as to reimbursement.Expenditures reported on the Schedule include noncash assistance in the form of food commodities received through the U.S. Department of Agriculture (USDA) Emergency Food Assistance Program. The expenditures are determined based on the pounds of such food commodities distributed using the per pound value provided by the USDA.
De Minimis Rate Used: N
Rate Explanation: Catholic Community Services of Lane County, Inc. has not elected to use the 10 percent de minimis indirect costrate allowed under the Uniform Guidance.
The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal award activity of Catholic Community Services of Lane County, Inc. under programs of the federal government for the year ended June 30, 2022. The information in this Schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, andAudit Requirements for Federal Awards (Uniform Guidance). Because the Schedule presents only a selectedportion of the operations of Catholic Community Services of Lane County, Inc., it is not intended to and does not present the financial position, changes in net assets, or cash flows of Catholic Community Services of Lane County, Inc.