Notes to SEFA
Title: Scope of presentation
Accounting Policies: The expenditures included in the accompanying schedule were reported on a accrual basis of accounting. Expenditures are recognized in the accounting period in which the related liability is incurred. Expenditures reported included any property or equipment acquisitions incurred under the federal program. The Schedule was prepared from only the accounts of the grant programs and, therefore, does not present the financial position or results of operations of the Organization.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
The accompanying schedule presents the expenditures incurred (and related awards received) by the Organization that arereimbursable under federal programs of federal agencies providing financial assistance and state awards. For the purposes ofthis schedule, only the portion of program expenditures reimbursable with such federal or state funds are reported in theaccompanying schedule. Program expenditures in excess of the maximum federal or state reimbursement authorized or theportion of the program expenditures that were funded with local or other nonfederal funds are excluded from theaccompanying schedule.