Notes to SEFA
Expenditures reported in the Schedule of Expenditures of Federal Awards (the schedule) are reported on the accrual basis of accounting. Such 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.
The Organization does not draw for indirect administrative costs and has not elected to use the 15% de minimis cost rate.
This Schedule of Expenditures of Federal Awards includes the federal award activity of Horizon Health Care, Inc. and is presented on the accrual basis of accounting, modified to include expenditures for capital additions and exclude depreciation expense. 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 the combined financial statements.