Notes to SEFA
Accounting Policies: I.Basis Of PresentationThe accompanying Schedule of Expenditures of Federal Awards (SEFA) summarizes the federal expenditures of the Program for the period ended May 31, 2022. The amounts reported as federal expenditures were obtained from the Program's general ledger.For purposes of the SEFA, federal awards include all grants, contracts, and similar agreements entered into directly with the federal government and other pass-through entities. The Program has obtained Catalog of Federal Domestic Assistance (CFDA) numbers to ensure that all programs have been identified in the SEFA, CFDA numbers have been appropriately listed by applicable programs. Federal programs with different CFDA numbers that are closely related because they share common compliance requirements are defined as a cluster by Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards.
De Minimis Rate Used: Y
Rate Explanation: The auditee used the de minimis cost rate.