Notes to SEFA
The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal award activity of the Service Unit under programs of the federal government for the year ended August 31, 2025. 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, and Audit Requirements for Federal Awards (Uniform Guidance). Because the Schedule presents only a selected portion of the operations of the Service Unit, it is not intended to and does not present the financial position, changes in net assets, or cash flows of the Service Unit.
Expenditures reported on the Schedule are reported on the modified cash 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.
Of the federal expenditures presented in the Schedule, the Service Unit provided no federal awards to subrecipients.
The Service Unit has elected not to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance.