Notes to SEFA
Title: BASIS OF PRESENTATION
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards includes the federal grant activity of Rebuilding Together Saratoga County, Inc., and is presented on the accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance) Therefore, some amounts presented in this schedule may differ from the amounts presented in, or used in the preparation of, the basic financial statements.
De Minimis Rate Used: N
Rate Explanation: Rebuilding Together Saratoga County, Inc. grant directed facilities and administrative cost rates, and has not elected to use the 10% de minimis rate allowed by the Uniform Guidance.
The accompanying Schedule of Expenditures of Federal Awards includes the federal grant activity of Rebuilding Together Saratoga County, Inc., and is presented on the accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance) Therefore, some amounts presented in this schedule may differ from the amounts presented in, or used in the preparation of, the basic financial statements.
Title: FACILITIES AND ADMINISTRATIVE COSTS
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards includes the federal grant activity of Rebuilding Together Saratoga County, Inc., and is presented on the accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance) Therefore, some amounts presented in this schedule may differ from the amounts presented in, or used in the preparation of, the basic financial statements.
De Minimis Rate Used: N
Rate Explanation: Rebuilding Together Saratoga County, Inc. grant directed facilities and administrative cost rates, and has not elected to use the 10% de minimis rate allowed by the Uniform Guidance.
Rebuilding Together Saratoga County, Inc. grant directed facilities and administrative cost rates, and has not elected to use the 10% de minimis rate allowed by the Uniform Guidance.