Notes to SEFA
Title: BASIS OF PRESENTATION
Accounting Policies: The basis of accounting varies by federal program consistent with the underlying regulations pertaining to each program.The amounts reported as federal expenditures generally were obtained from the appropriate federal financial reports for the applicable program and periods. The amounts reported in the federal financial reports are prepared from records maintained for each program.
De Minimis Rate Used: N
Rate Explanation: Indirect costs are included in the reported expenditures to the extent such costs are included in the federal financial reports used as the source for the data presented. The Agency has not elected to utilize the 10% de minimis indirect cost rate in Part 200.514 of the Uniform Guidance.
Reporting EntityThe accompanying Schedule of Federal Financial Expenditures presents the activity of federal financial assistance programs administered by the Agency, an entity as defined in the financial statements.Pass-Through ProgramsWhere the Agency receives funds from a government entity other than the federal government (pass-through), the funds are accumulated based upon the Assistance Listing number (ALN) advised by the pass-through grantor.Identifying numbers, other than Assistance Listing numbers, which may be assigned by passthrough grantors, are not maintained in the Agencys financial management system.
Title: MATCHING COSTS
Accounting Policies: The basis of accounting varies by federal program consistent with the underlying regulations pertaining to each program.The amounts reported as federal expenditures generally were obtained from the appropriate federal financial reports for the applicable program and periods. The amounts reported in the federal financial reports are prepared from records maintained for each program.
De Minimis Rate Used: N
Rate Explanation: Indirect costs are included in the reported expenditures to the extent such costs are included in the federal financial reports used as the source for the data presented. The Agency has not elected to utilize the 10% de minimis indirect cost rate in Part 200.514 of the Uniform Guidance.
Matching costs, such as the Agencys share of certain program costs, are not included in the Schedule of Expenditures of Federal Awards.
Title: SUB-RECIPIENTS
Accounting Policies: The basis of accounting varies by federal program consistent with the underlying regulations pertaining to each program.The amounts reported as federal expenditures generally were obtained from the appropriate federal financial reports for the applicable program and periods. The amounts reported in the federal financial reports are prepared from records maintained for each program.
De Minimis Rate Used: N
Rate Explanation: Indirect costs are included in the reported expenditures to the extent such costs are included in the federal financial reports used as the source for the data presented. The Agency has not elected to utilize the 10% de minimis indirect cost rate in Part 200.514 of the Uniform Guidance.
The Agency provided federal awards in the amount of $4,339,108 to sub-recipients during the year ended December 31, 2022.