Notes to SEFA
Accounting Policies: The following schedule provides reconciliation between revenues reported on the Statement of Revenue,Expenditures, and Changes in Fund Balance, and the related expenditures reported on the Schedule of Expendituresof Federal Awards. The reconciling amounts represent Federal funds that have been recorded as revenues in a prioryear that have been expended by June 30, 2022 or Federal funds that have been recorded as revenues in the currentyear and were not expended by June 30, 2022.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.