Notes to SEFA
Accounting Policies: EXPENDITURES REPORTED ON THE SCHEDULE ARE REPORTED ON THE BASIS OF U.S. GENERALLY ACCEPTED ACCOUNTING PRINCIPLES. EXPENDITURES AS REPORTED ON THE SCHEDULE ARE RECOGNIZED UNDER THE BASIS DESCRIBED ABOVE AND FOLLOW THE COST PRINCIPLES CONTAINED IN THE UNIFORM GUIDANCE REGARDING COST PRINCIPLES WHEREIN CERTAIN TYPES OF EXPENDITURES ARE NOT ALLOWED OR ARE LIMITED AS TO REIMBURSEMENT. PASS-THROUGH ENTITY IDENTIFYING NUMBERS ARE PRESENTED WHERE AVAILABLE.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.