Notes to SEFA
The accompanying Schedule is presented on the accrual basis of accounting. The amounts reported in this Schedule as expenditures may differ from certain financial reports submitted to federal funding agencies due to those reports being submitted on a cash or modified accrual basis of accounting.
Federal awards expenditures are reported on the statement of functional expenses as program services. In certain programs, the expenditures reported in the basic financial statements may differ from the expenditures reported on the Schedule of Expenditures of Federal Awards due to program expenditures exceeding grant or contract budget limitations or due to the application of accounting policies required under accounting principles generally accepted in the United States of America.
Of the federal expenditures presented in this schedule, no expenditures were used to provide federal awards to sub-recipients.