Notes to SEFA
Accounting Policies: Expenditures reported on the schedules are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the uniform guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. Negative amounts shown on the schedule represent adjustments or credits made in the normal course of business to amounts reported as expenditures in prior years
De Minimis Rate Used: Y
Rate Explanation: The auditee used the de minimis cost rate. Child Development Support Corporation has elected to use the 10 percent de minimis indirect cost under the Uniform Guidance