Notes to SEFA
Accounting Policies: The accompanying schedule of expenditures of federal awards includes the federal grant activity of St. Joseph's Villa under the programs of the federal government for the year ended June 30, 2022. This information in this schedule is presented in accordance with the requirements of title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards. Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of, the basic consolidated financial statements and therefore are not intended to present the financial positions, changes in net assets, or cash flows of St. Joseph's Villa.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.