Notes to SEFA
Accounting Policies: The accompanying Supplementary Schedule of Expenditures of Federal Awards (the Schedule) includes the federal grant transactions of the Perkins School for the Blind (the School) recorded on accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulation Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). The School has no subrecipients, and as such expenditures passed through to subrecipients are not included in the schedule.
De Minimis Rate Used: N
Rate Explanation: The School does not have a federal facilities and administrative cost rate. The school charges costs to certain grants in accordance with the terms and agreements of the respective grants