Notes to SEFA
Accounting Policies: The accompanying schedule of expenditures of federal awards is presented in accordance with therequirements of 2 CFR Part 200 Uniform Administrative Requirements, Cost Principles, and AuditRequirements for Federal Awards (Uniform Guidance), using the modified accrual basis ofaccounting. Therefore, some amounts presented in this schedule may differ from amountspresented in the financial statements.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.