Notes to SEFA
The accompanying schedule of expenditures of federal awards (SEFA) includes the federal grant activity of GHC 9-1-1, and is presented on the accrual basis of accounting. The SEFA is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Therefore, some amounts presented in this SEFA may differ from amounts presented in, or used in the preparation of, the basic financial statements
Expenditures reported on the SEFA are reported on the accrual basis of accounting. These 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. Negative amounts shown on the SEFA, if any, represent adjustments or credits made in the normal course of business to amounts reported as expenditures in prior years.
Expenditures included in the schedule represent both direct costs and indirect costs. GHC 9-1-1 uses the de minimis indirect cost rate allowed under the Uniform Guidance.
Expenditures included in the schedule may differ from amounts reflected in the financial reports submitted to grant awarding agencies for the following reasons: Expenses accrued at the end of GHC 9-1-1’s fiscal year may not be included in the financial reports submitted to grant awarding agencies until after year-end; and Differences may exist between grant periods and GHC 9-1-1’s accounting period.