Notes to SEFA
Accounting Policies: The Schedule of Expenditures of Federal Awards presents the activity of all applicable federal awardprograms of Central Texas Senior Ministry (the Ministry). The nature of the Ministry is defined in Note1 of the financial statements. Federal awards received directly from federal agencies, as well as federalawards passed through other government agencies, are included on the Schedule of Expenditures ofFederal Awards. There were no federal awards received directly from federal agencies during the yearended September 30, 2022. The Schedule of Expenditures of Federal Awards is presented using the accrual basis of accounting. Theaccrual basis of accounting is described in Note 2 of the footnotes to the financial statements. Theinformation in this schedule is presented in accordance with the requirements of Title 2 U.S. Code ofFederal Regulations, Part 200, Uniform Administrative Requirements, Cost Principles, and AuditRequirements for Federal Awards (Uniform Guidance). Therefore, some of the amounts presented in theSchedule of Expenditures of Federal Awards may differ from amounts presented in, or used in thepreparation of, the financial statements.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.