Notes to SEFA
Accounting Policies: Basis of presentation - The information in the accompanying schedule is presented inaccordance with Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance).1. Federal award - Pursuant to the Uniform Guidance, federal award means federal financial assistance or cost reimbursement contracts that a non-federal entity receives directly from federal awarding agencies or indirectly from pass-through entities.DRVT primarily receives federal awards directly from the U.S. Department of Health and Human Services, the U.S. Department of Education and the U.S. Social Security Administration.2. Federal financial assistance - In the Uniform Guidance, Federal financial assistance is defined as assistance provided by a federal agency that non-Federal entities receive or administer, either directly or indirectly, in the form of grants, cooperative agreements, non-cash contributions or donations of property (including donated surplus property), direct appropriations, food commodities and other financial assistance. For the requirement to provide public notice of Federal financial assistance programs, Federal financial assistance also includes assistance that non-Federal entities receive oradminister in the form of loans, loan guarantees, interest subsidies, and insurance. Federal financial assistance does not include amounts received as reimbursements for services rendered to individuals.3. Major and nonmajor programs - The Uniform Guidance establishes risk-based criteria for determining major programs and selecting those federal programs to be tested for compliance with program requirements. A program may also be identified as a major program by a Federal awarding agency or pass-through entity.C. Basis of accounting - The accompanying schedule was prepared on the basis of accounting used on reports submitted to grantor agencies. It includes accrued expenditures.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.