Notes to SEFA
The accompanying schedule of expenditures of federal awards includes the federal grant activity of Bayou La Batre Area Health Development Board, Inc. and is presented on the accrual basis of accounting. 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). Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of basic financial statements.
The Board has not elected to use the 15 percent de minimis cost rate allowed under the Uniform Guidance.