Notes to SEFA
Accounting Policies: Expenditures reported in 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.
De Minimis Rate Used: N
Rate Explanation: Cooperative Educational Service Agency 6 has not elected to use the 10 percent de minims indirect cost rate as allowable under the Uniform Guidance.