Notes to SEFA
Title: Note A - Basis of Presentation
Accounting Policies: Expenditures are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance wherein castain types of expenditures are not allowed or are limited as to reimbursement. There were no amounts passed through to other entities during the year.
De Minimis Rate Used: N
Rate Explanation: The auditee has not elected to use the 10-percent de minimis indirect rate allowed by the Uniform Guidance.
The accompanying schedule of expenditures of federal awards and state awards (the "Schedule") includes the federal and state grant activity of the Sunrise of Pasco County, Inc., under programs of the federal and state governments for the year ended June 30, 2023. The information in this Schedule is presented in accordance with the requirements of the Title 2 U.S. Code of Federal Regulations part 200, Uniform Administrative of the Auditor General of the State of Florida. Because the Schedule presents only a selected portion of the operations of Sunrise of Pasco County, Inc., it is not indended to and does not present the financial position, changes in netg assets, or cash flows of the Sunrise of Pasco County, Inc.