Notes to SEFA
Title: NOTE 1
Accounting Policies: The SEFA is presented on the accrual basis of accounting in accordance with genearlly accepted accounting principles.
De Minimis Rate Used: N
Rate Explanation: IHMC did not use the de minimus cost rate.
This schedule is presented on the accrual basis of accounting in accordance with generally accepted accounting principles.
Title: NOTE 2
Accounting Policies: The SEFA is presented on the accrual basis of accounting in accordance with genearlly accepted accounting principles.
De Minimis Rate Used: N
Rate Explanation: IHMC did not use the de minimus cost rate.
IHMC did not use the de minimus cost rate.