Notes to SEFA
Accounting Policies: Basis of Accounting-The accompanying Schedule of Expenditures of Federal Awards is presented using the accrual basis of accounting, which is described in Note 1 to the financial statements. All the information presented in the schedule has been prepared in accorance with the requirements of Title 2 US Code of Federal Regulations Part 200, Uniform Administrative Requirements Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Therefore, some amounts presented in theis schedule may differ from amounts presented in, or used in the preperation of the bacic financial statments.
De Minimis Rate Used: N
Rate Explanation: Did not use.