Notes to SEFA
Title: Note 3:
Accounting Policies: The accompanying schedule of expenditures of federal awards includes the federal grant activity of the Partnership and is presented on the cash basis of accounting unless otherwise noted. The information in this schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations, Part 200, Uniform Requirements, Cost Principles and Audit Requirements for Federal Awards. Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in, the preparation of the general purpose financial statements.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
No funds were passed down to subrecipients.