Notes to SEFA
This schedule of expenditures of federal awards includes the federal grant activity of the Land Trust for Louisiana 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 Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance).
The Land Trust for Louisiana has elected to use the 10 percent de minimis indirect cost rate allowed under the Uniform Guidance.