Notes to SEFA
Accounting Policies: (1) The accompanying Schedule of Expenditures of Federal Awards (the Schedule) presents the activity of all federal activity ofall deferral programs of the CRTPA for the year ended September 30, 2022. All expenditure related to federal awards receiveddirectly from federal agencies, as well as federal awards passed through other governmental agencies are included in theaccompanying Schedule. The information in this Schedule is presented in accordance with requirements of Title 2 U.S. Code ofFederal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for FederalAwards (Uniform Guidance). Some amounts presented in this Schedule may differ from amounts presented in, or used in thepreparation of financial statements. (2) The accompanying Schedule was prepared on the modified accrual basis of accounting.(3) There were no transfers to subrecipients during the fiscal year. (4) No federal assistance was expended in noncashassistance.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.