Schedule of Expenditures of Federal Awards FY 2013/2014
Meeting Date: November 13, 2014
Agenda Item #11
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NOTES TO SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS NOTE A – SIGNIFICANT ACCOUNTING POLICIES
The accompanying schedule of expenditures of federal awards reports expenditures on the modified accrual basis of accounting. Accordingly, expenditures represent amounts incurred during the fiscal year which meet federal grant eligibility requirements.