Audit 10410

Accounting Policies: General: The accompanying Schedule of Expenditures of Federal Awards presents the activity of all federal award programs of West Aurora School District 129 (“District”). The District’s reporting entity is defined in Note 1 to the District’s financial statements. Basis of Accounting: Expenditures reported on the Schedule are reported on the modified accrual basis of accounting, which is described in Note 1 to the District’s financial statements; this includes determining that the modified accrual basis of accounting is an acceptable basis for the preparation of the financial statements under the circumstances. Such expenditures are recognized following the cost principles contained in Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards, wherein certain types of expenditures are not allowable or are limited as to reimbursement. Negative amounts shown on the Schedule represent adjustments or credits made in the normal course of business to amounts reported as expenditures in prior years. Basis of Presentation: The accompanying Schedule includes the federal award activity of the District under programs of the federal government for the year ended June 30, 2023. 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). Because the Schedule presents only a selected portion of the operations of the District, it is not intended to and does not present the financial position, changes in net position, or cash flows of the District. Cost Principles: The District followed the cost principles as established by the Uniform Guidance. Relationship to Program Financial Reports: Amounts reported in the accompanying Schedule of Expenditures of Federal Awards were obtained from amounts reported in the Program Financial Reports for programs for which the District has filed final reports as of June 30, 2023, with the Illinois State Board of Education. Subrecipients: Of the federal expenditures presented in the schedule, the District provided the federal awards to the following subrecipients: Grant Subrecipient Amount IDEA Preschool Flow-Through Hope Wall $ 76,226 Medicaid Administrative Outreach Hope Wall 190,308 Noncash awards: The District received non-cash assistance from the Fresh Fruits and Vegetables and Commodities program from the U.S. Department of Agriculture awards passed through the Illinois State Board of Education. There were no loans or insurance in force during the year provided by a Federal agency. De Minimis Rate Used: N Rate Explanation: The District has elected not to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance.