Notes to SEFA
Accounting Policies: Expenditures reported on the Schedule are reported based on allowable expenditures incurred and paid duringthe period. Such expenditures are recognized following the cost principles contained in the Uniform Guidance,wherein certain types of expenditures are not allowable in accordance to specific requirements per SVOG.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.