Title: NOTES ON ACCOUNTING POLICIES FOR FEDERAL AWARDS FOR THE YEAR ENDING JUNE 30, 2023
Accounting Policies: THE SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS IS PRESENTED USING THE MODIFIED ACCRUAL BASIS OF ACCOUNTING. THE INFORMATION IN THIS SCHEDULE IS PRESENTED IN ACCORDANCE WITH REQUIREMENTS OF TITLE 2 U.S. CODE OF FEDEREAL REGULATIONS PART 200, UNIFORM ADMINISTRATIVE REQUIREMENTS, COST PRINCIPLES, AND AUDIT REQUIREMENTS FOR FEDERAL AWARDS (UNIFORM GUIDANCE). THEREFORE, SOME OF THE AMOUNTS PRESENTED IN THIS SCHEDULE MAY DIFFEER FROM AMOUNTS PRESENTED IN, OR USED IN THE PREPARATION OF, THE FINANCIAL STATEMENTS.
De Minimis Rate Used: N
Rate Explanation: THE DISTRICT DID NOT ELECT TO APPLY THE 10% DE MINIMIS INDIRECT COST RATE AS DESCRIBED AT 2 CFR 200.414(f) INDOIRECT (F&A)COSTS.
for all Federal programs, the District uses the fund types specified in Texas Education Agency's Financial
Title: NOTES ON ACCOUNTING POLICIES FOR FEDERAL AWARDS FOR THE YEAR ENDING JUNE 30, 2023
Accounting Policies: THE SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS IS PRESENTED USING THE MODIFIED ACCRUAL BASIS OF ACCOUNTING. THE INFORMATION IN THIS SCHEDULE IS PRESENTED IN ACCORDANCE WITH REQUIREMENTS OF TITLE 2 U.S. CODE OF FEDEREAL REGULATIONS PART 200, UNIFORM ADMINISTRATIVE REQUIREMENTS, COST PRINCIPLES, AND AUDIT REQUIREMENTS FOR FEDERAL AWARDS (UNIFORM GUIDANCE). THEREFORE, SOME OF THE AMOUNTS PRESENTED IN THIS SCHEDULE MAY DIFFEER FROM AMOUNTS PRESENTED IN, OR USED IN THE PREPARATION OF, THE FINANCIAL STATEMENTS.
De Minimis Rate Used: N
Rate Explanation: THE DISTRICT DID NOT ELECT TO APPLY THE 10% DE MINIMIS INDIRECT COST RATE AS DESCRIBED AT 2 CFR 200.414(f) INDOIRECT (F&A)COSTS.
Accoumability System Resource Guide. Special revenue funds are used to accmmt for resources restricted to, or
Title: NOTES ON ACCOUNTING POLICIES FOR FEDERAL AWARDS FOR THE YEAR ENDING JUNE 30, 2023
Accounting Policies: THE SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS IS PRESENTED USING THE MODIFIED ACCRUAL BASIS OF ACCOUNTING. THE INFORMATION IN THIS SCHEDULE IS PRESENTED IN ACCORDANCE WITH REQUIREMENTS OF TITLE 2 U.S. CODE OF FEDEREAL REGULATIONS PART 200, UNIFORM ADMINISTRATIVE REQUIREMENTS, COST PRINCIPLES, AND AUDIT REQUIREMENTS FOR FEDERAL AWARDS (UNIFORM GUIDANCE). THEREFORE, SOME OF THE AMOUNTS PRESENTED IN THIS SCHEDULE MAY DIFFEER FROM AMOUNTS PRESENTED IN, OR USED IN THE PREPARATION OF, THE FINANCIAL STATEMENTS.
De Minimis Rate Used: N
Rate Explanation: THE DISTRICT DID NOT ELECT TO APPLY THE 10% DE MINIMIS INDIRECT COST RATE AS DESCRIBED AT 2 CFR 200.414(f) INDOIRECT (F&A)COSTS.
designated for, specific purposes by a grantor. Federal and state financial assistance generally is accounted for in a
Title: NOTES ON ACCOUNTING POLICIES FOR FEDERAL AWARDS FOR THE YEAR ENDING JUNE 30, 2023
Accounting Policies: THE SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS IS PRESENTED USING THE MODIFIED ACCRUAL BASIS OF ACCOUNTING. THE INFORMATION IN THIS SCHEDULE IS PRESENTED IN ACCORDANCE WITH REQUIREMENTS OF TITLE 2 U.S. CODE OF FEDEREAL REGULATIONS PART 200, UNIFORM ADMINISTRATIVE REQUIREMENTS, COST PRINCIPLES, AND AUDIT REQUIREMENTS FOR FEDERAL AWARDS (UNIFORM GUIDANCE). THEREFORE, SOME OF THE AMOUNTS PRESENTED IN THIS SCHEDULE MAY DIFFEER FROM AMOUNTS PRESENTED IN, OR USED IN THE PREPARATION OF, THE FINANCIAL STATEMENTS.
De Minimis Rate Used: N
Rate Explanation: THE DISTRICT DID NOT ELECT TO APPLY THE 10% DE MINIMIS INDIRECT COST RATE AS DESCRIBED AT 2 CFR 200.414(f) INDOIRECT (F&A)COSTS.
Special Revenue Fund. Generally unused balances are returned to the grantor at the close of specified project
Title: NOTES ON ACCOUNTING POLICIES FOR FEDERAL AWARDS FOR THE YEAR ENDING JUNE 30, 2023
Accounting Policies: THE SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS IS PRESENTED USING THE MODIFIED ACCRUAL BASIS OF ACCOUNTING. THE INFORMATION IN THIS SCHEDULE IS PRESENTED IN ACCORDANCE WITH REQUIREMENTS OF TITLE 2 U.S. CODE OF FEDEREAL REGULATIONS PART 200, UNIFORM ADMINISTRATIVE REQUIREMENTS, COST PRINCIPLES, AND AUDIT REQUIREMENTS FOR FEDERAL AWARDS (UNIFORM GUIDANCE). THEREFORE, SOME OF THE AMOUNTS PRESENTED IN THIS SCHEDULE MAY DIFFEER FROM AMOUNTS PRESENTED IN, OR USED IN THE PREPARATION OF, THE FINANCIAL STATEMENTS.
De Minimis Rate Used: N
Rate Explanation: THE DISTRICT DID NOT ELECT TO APPLY THE 10% DE MINIMIS INDIRECT COST RATE AS DESCRIBED AT 2 CFR 200.414(f) INDOIRECT (F&A)COSTS.
periods.
Title: NOTES ON ACCOUNTING POLICIES FOR FEDERAL AWARDS FOR THE YEAR ENDING JUNE 30, 2023
Accounting Policies: THE SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS IS PRESENTED USING THE MODIFIED ACCRUAL BASIS OF ACCOUNTING. THE INFORMATION IN THIS SCHEDULE IS PRESENTED IN ACCORDANCE WITH REQUIREMENTS OF TITLE 2 U.S. CODE OF FEDEREAL REGULATIONS PART 200, UNIFORM ADMINISTRATIVE REQUIREMENTS, COST PRINCIPLES, AND AUDIT REQUIREMENTS FOR FEDERAL AWARDS (UNIFORM GUIDANCE). THEREFORE, SOME OF THE AMOUNTS PRESENTED IN THIS SCHEDULE MAY DIFFEER FROM AMOUNTS PRESENTED IN, OR USED IN THE PREPARATION OF, THE FINANCIAL STATEMENTS.
De Minimis Rate Used: N
Rate Explanation: THE DISTRICT DID NOT ELECT TO APPLY THE 10% DE MINIMIS INDIRECT COST RATE AS DESCRIBED AT 2 CFR 200.414(f) INDOIRECT (F&A)COSTS.
• The accounting and financial reporting treatment applied to a fund is determined by its measurement focus. The
Title: NOTES ON ACCOUNTING POLICIES FOR FEDERAL AWARDS FOR THE YEAR ENDING JUNE 30, 2023
Accounting Policies: THE SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS IS PRESENTED USING THE MODIFIED ACCRUAL BASIS OF ACCOUNTING. THE INFORMATION IN THIS SCHEDULE IS PRESENTED IN ACCORDANCE WITH REQUIREMENTS OF TITLE 2 U.S. CODE OF FEDEREAL REGULATIONS PART 200, UNIFORM ADMINISTRATIVE REQUIREMENTS, COST PRINCIPLES, AND AUDIT REQUIREMENTS FOR FEDERAL AWARDS (UNIFORM GUIDANCE). THEREFORE, SOME OF THE AMOUNTS PRESENTED IN THIS SCHEDULE MAY DIFFEER FROM AMOUNTS PRESENTED IN, OR USED IN THE PREPARATION OF, THE FINANCIAL STATEMENTS.
De Minimis Rate Used: N
Rate Explanation: THE DISTRICT DID NOT ELECT TO APPLY THE 10% DE MINIMIS INDIRECT COST RATE AS DESCRIBED AT 2 CFR 200.414(f) INDOIRECT (F&A)COSTS.
Governmental Fund types are accounted for using a current financial resources measw-ement focus. All Federal
Title: NOTES ON ACCOUNTING POLICIES FOR FEDERAL AWARDS FOR THE YEAR ENDING JUNE 30, 2023
Accounting Policies: THE SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS IS PRESENTED USING THE MODIFIED ACCRUAL BASIS OF ACCOUNTING. THE INFORMATION IN THIS SCHEDULE IS PRESENTED IN ACCORDANCE WITH REQUIREMENTS OF TITLE 2 U.S. CODE OF FEDEREAL REGULATIONS PART 200, UNIFORM ADMINISTRATIVE REQUIREMENTS, COST PRINCIPLES, AND AUDIT REQUIREMENTS FOR FEDERAL AWARDS (UNIFORM GUIDANCE). THEREFORE, SOME OF THE AMOUNTS PRESENTED IN THIS SCHEDULE MAY DIFFEER FROM AMOUNTS PRESENTED IN, OR USED IN THE PREPARATION OF, THE FINANCIAL STATEMENTS.
De Minimis Rate Used: N
Rate Explanation: THE DISTRICT DID NOT ELECT TO APPLY THE 10% DE MINIMIS INDIRECT COST RATE AS DESCRIBED AT 2 CFR 200.414(f) INDOIRECT (F&A)COSTS.
grant funds were accounted for in a Special Revenue Fund or, in some instances, in the General Fund which are
Title: NOTES ON ACCOUNTING POLICIES FOR FEDERAL AWARDS FOR THE YEAR ENDING JUNE 30, 2023
Accounting Policies: THE SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS IS PRESENTED USING THE MODIFIED ACCRUAL BASIS OF ACCOUNTING. THE INFORMATION IN THIS SCHEDULE IS PRESENTED IN ACCORDANCE WITH REQUIREMENTS OF TITLE 2 U.S. CODE OF FEDEREAL REGULATIONS PART 200, UNIFORM ADMINISTRATIVE REQUIREMENTS, COST PRINCIPLES, AND AUDIT REQUIREMENTS FOR FEDERAL AWARDS (UNIFORM GUIDANCE). THEREFORE, SOME OF THE AMOUNTS PRESENTED IN THIS SCHEDULE MAY DIFFEER FROM AMOUNTS PRESENTED IN, OR USED IN THE PREPARATION OF, THE FINANCIAL STATEMENTS.
De Minimis Rate Used: N
Rate Explanation: THE DISTRICT DID NOT ELECT TO APPLY THE 10% DE MINIMIS INDIRECT COST RATE AS DESCRIBED AT 2 CFR 200.414(f) INDOIRECT (F&A)COSTS.
Governmental Fund type funds.
Title: NOTES ON ACCOUNTING POLICIES FOR FEDERAL AWARDS FOR THE YEAR ENDING JUNE 30, 2023
Accounting Policies: THE SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS IS PRESENTED USING THE MODIFIED ACCRUAL BASIS OF ACCOUNTING. THE INFORMATION IN THIS SCHEDULE IS PRESENTED IN ACCORDANCE WITH REQUIREMENTS OF TITLE 2 U.S. CODE OF FEDEREAL REGULATIONS PART 200, UNIFORM ADMINISTRATIVE REQUIREMENTS, COST PRINCIPLES, AND AUDIT REQUIREMENTS FOR FEDERAL AWARDS (UNIFORM GUIDANCE). THEREFORE, SOME OF THE AMOUNTS PRESENTED IN THIS SCHEDULE MAY DIFFEER FROM AMOUNTS PRESENTED IN, OR USED IN THE PREPARATION OF, THE FINANCIAL STATEMENTS.
De Minimis Rate Used: N
Rate Explanation: THE DISTRICT DID NOT ELECT TO APPLY THE 10% DE MINIMIS INDIRECT COST RATE AS DESCRIBED AT 2 CFR 200.414(f) INDOIRECT (F&A)COSTS.
With this measurement focus, only current assets and current liabilities and the fund balance are included on the
Title: NOTES ON ACCOUNTING POLICIES FOR FEDERAL AWARDS FOR THE YEAR ENDING JUNE 30, 2023
Accounting Policies: THE SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS IS PRESENTED USING THE MODIFIED ACCRUAL BASIS OF ACCOUNTING. THE INFORMATION IN THIS SCHEDULE IS PRESENTED IN ACCORDANCE WITH REQUIREMENTS OF TITLE 2 U.S. CODE OF FEDEREAL REGULATIONS PART 200, UNIFORM ADMINISTRATIVE REQUIREMENTS, COST PRINCIPLES, AND AUDIT REQUIREMENTS FOR FEDERAL AWARDS (UNIFORM GUIDANCE). THEREFORE, SOME OF THE AMOUNTS PRESENTED IN THIS SCHEDULE MAY DIFFEER FROM AMOUNTS PRESENTED IN, OR USED IN THE PREPARATION OF, THE FINANCIAL STATEMENTS.
De Minimis Rate Used: N
Rate Explanation: THE DISTRICT DID NOT ELECT TO APPLY THE 10% DE MINIMIS INDIRECT COST RATE AS DESCRIBED AT 2 CFR 200.414(f) INDOIRECT (F&A)COSTS.
balance sheet Operating statements of these funds present increases and decreases in net current assets. The
Title: NOTES ON ACCOUNTING POLICIES FOR FEDERAL AWARDS FOR THE YEAR ENDING JUNE 30, 2023
Accounting Policies: THE SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS IS PRESENTED USING THE MODIFIED ACCRUAL BASIS OF ACCOUNTING. THE INFORMATION IN THIS SCHEDULE IS PRESENTED IN ACCORDANCE WITH REQUIREMENTS OF TITLE 2 U.S. CODE OF FEDEREAL REGULATIONS PART 200, UNIFORM ADMINISTRATIVE REQUIREMENTS, COST PRINCIPLES, AND AUDIT REQUIREMENTS FOR FEDERAL AWARDS (UNIFORM GUIDANCE). THEREFORE, SOME OF THE AMOUNTS PRESENTED IN THIS SCHEDULE MAY DIFFEER FROM AMOUNTS PRESENTED IN, OR USED IN THE PREPARATION OF, THE FINANCIAL STATEMENTS.
De Minimis Rate Used: N
Rate Explanation: THE DISTRICT DID NOT ELECT TO APPLY THE 10% DE MINIMIS INDIRECT COST RATE AS DESCRIBED AT 2 CFR 200.414(f) INDOIRECT (F&A)COSTS.
modified accrual basis of accounting is used for the Governmental Fund types. This basis- of accounting
Title: NOTES ON ACCOUNTING POLICIES FOR FEDERAL AWARDS FOR THE YEAR ENDING JUNE 30, 2023
Accounting Policies: THE SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS IS PRESENTED USING THE MODIFIED ACCRUAL BASIS OF ACCOUNTING. THE INFORMATION IN THIS SCHEDULE IS PRESENTED IN ACCORDANCE WITH REQUIREMENTS OF TITLE 2 U.S. CODE OF FEDEREAL REGULATIONS PART 200, UNIFORM ADMINISTRATIVE REQUIREMENTS, COST PRINCIPLES, AND AUDIT REQUIREMENTS FOR FEDERAL AWARDS (UNIFORM GUIDANCE). THEREFORE, SOME OF THE AMOUNTS PRESENTED IN THIS SCHEDULE MAY DIFFEER FROM AMOUNTS PRESENTED IN, OR USED IN THE PREPARATION OF, THE FINANCIAL STATEMENTS.
De Minimis Rate Used: N
Rate Explanation: THE DISTRICT DID NOT ELECT TO APPLY THE 10% DE MINIMIS INDIRECT COST RATE AS DESCRIBED AT 2 CFR 200.414(f) INDOIRECT (F&A)COSTS.
recognizes revenues in the accounting period in which they become susceptible to accrual, i.e., both measurable
Title: NOTES ON ACCOUNTING POLICIES FOR FEDERAL AWARDS FOR THE YEAR ENDING JUNE 30, 2023
Accounting Policies: THE SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS IS PRESENTED USING THE MODIFIED ACCRUAL BASIS OF ACCOUNTING. THE INFORMATION IN THIS SCHEDULE IS PRESENTED IN ACCORDANCE WITH REQUIREMENTS OF TITLE 2 U.S. CODE OF FEDEREAL REGULATIONS PART 200, UNIFORM ADMINISTRATIVE REQUIREMENTS, COST PRINCIPLES, AND AUDIT REQUIREMENTS FOR FEDERAL AWARDS (UNIFORM GUIDANCE). THEREFORE, SOME OF THE AMOUNTS PRESENTED IN THIS SCHEDULE MAY DIFFEER FROM AMOUNTS PRESENTED IN, OR USED IN THE PREPARATION OF, THE FINANCIAL STATEMENTS.
De Minimis Rate Used: N
Rate Explanation: THE DISTRICT DID NOT ELECT TO APPLY THE 10% DE MINIMIS INDIRECT COST RATE AS DESCRIBED AT 2 CFR 200.414(f) INDOIRECT (F&A)COSTS.
and available, and expenditures in the accounting period in which the fund Liability is incurred, if measurable,
Title: NOTES ON ACCOUNTING POLICIES FOR FEDERAL AWARDS FOR THE YEAR ENDING JUNE 30, 2023
Accounting Policies: THE SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS IS PRESENTED USING THE MODIFIED ACCRUAL BASIS OF ACCOUNTING. THE INFORMATION IN THIS SCHEDULE IS PRESENTED IN ACCORDANCE WITH REQUIREMENTS OF TITLE 2 U.S. CODE OF FEDEREAL REGULATIONS PART 200, UNIFORM ADMINISTRATIVE REQUIREMENTS, COST PRINCIPLES, AND AUDIT REQUIREMENTS FOR FEDERAL AWARDS (UNIFORM GUIDANCE). THEREFORE, SOME OF THE AMOUNTS PRESENTED IN THIS SCHEDULE MAY DIFFEER FROM AMOUNTS PRESENTED IN, OR USED IN THE PREPARATION OF, THE FINANCIAL STATEMENTS.
De Minimis Rate Used: N
Rate Explanation: THE DISTRICT DID NOT ELECT TO APPLY THE 10% DE MINIMIS INDIRECT COST RATE AS DESCRIBED AT 2 CFR 200.414(f) INDOIRECT (F&A)COSTS.
except for wimatured interest on General Long-Tenn Debt, which is recognized when due and certain
Title: NOTES ON ACCOUNTING POLICIES FOR FEDERAL AWARDS FOR THE YEAR ENDING JUNE 30, 2023
Accounting Policies: THE SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS IS PRESENTED USING THE MODIFIED ACCRUAL BASIS OF ACCOUNTING. THE INFORMATION IN THIS SCHEDULE IS PRESENTED IN ACCORDANCE WITH REQUIREMENTS OF TITLE 2 U.S. CODE OF FEDEREAL REGULATIONS PART 200, UNIFORM ADMINISTRATIVE REQUIREMENTS, COST PRINCIPLES, AND AUDIT REQUIREMENTS FOR FEDERAL AWARDS (UNIFORM GUIDANCE). THEREFORE, SOME OF THE AMOUNTS PRESENTED IN THIS SCHEDULE MAY DIFFEER FROM AMOUNTS PRESENTED IN, OR USED IN THE PREPARATION OF, THE FINANCIAL STATEMENTS.
De Minimis Rate Used: N
Rate Explanation: THE DISTRICT DID NOT ELECT TO APPLY THE 10% DE MINIMIS INDIRECT COST RATE AS DESCRIBED AT 2 CFR 200.414(f) INDOIRECT (F&A)COSTS.
compensated absences and claims and judgments, which are recognized when the obligations are expected to be
Title: NOTES ON ACCOUNTING POLICIES FOR FEDERAL AWARDS FOR THE YEAR ENDING JUNE 30, 2023
Accounting Policies: THE SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS IS PRESENTED USING THE MODIFIED ACCRUAL BASIS OF ACCOUNTING. THE INFORMATION IN THIS SCHEDULE IS PRESENTED IN ACCORDANCE WITH REQUIREMENTS OF TITLE 2 U.S. CODE OF FEDEREAL REGULATIONS PART 200, UNIFORM ADMINISTRATIVE REQUIREMENTS, COST PRINCIPLES, AND AUDIT REQUIREMENTS FOR FEDERAL AWARDS (UNIFORM GUIDANCE). THEREFORE, SOME OF THE AMOUNTS PRESENTED IN THIS SCHEDULE MAY DIFFEER FROM AMOUNTS PRESENTED IN, OR USED IN THE PREPARATION OF, THE FINANCIAL STATEMENTS.
De Minimis Rate Used: N
Rate Explanation: THE DISTRICT DID NOT ELECT TO APPLY THE 10% DE MINIMIS INDIRECT COST RATE AS DESCRIBED AT 2 CFR 200.414(f) INDOIRECT (F&A)COSTS.
liquidated with expendable available financial resources. Federal grant funds are considered to be earned to the
Title: NOTES ON ACCOUNTING POLICIES FOR FEDERAL AWARDS FOR THE YEAR ENDING JUNE 30, 2023
Accounting Policies: THE SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS IS PRESENTED USING THE MODIFIED ACCRUAL BASIS OF ACCOUNTING. THE INFORMATION IN THIS SCHEDULE IS PRESENTED IN ACCORDANCE WITH REQUIREMENTS OF TITLE 2 U.S. CODE OF FEDEREAL REGULATIONS PART 200, UNIFORM ADMINISTRATIVE REQUIREMENTS, COST PRINCIPLES, AND AUDIT REQUIREMENTS FOR FEDERAL AWARDS (UNIFORM GUIDANCE). THEREFORE, SOME OF THE AMOUNTS PRESENTED IN THIS SCHEDULE MAY DIFFEER FROM AMOUNTS PRESENTED IN, OR USED IN THE PREPARATION OF, THE FINANCIAL STATEMENTS.
De Minimis Rate Used: N
Rate Explanation: THE DISTRICT DID NOT ELECT TO APPLY THE 10% DE MINIMIS INDIRECT COST RATE AS DESCRIBED AT 2 CFR 200.414(f) INDOIRECT (F&A)COSTS.
extent of expenditures made under the provisions of the grant, and, accordingly, when such funds are received,
Title: NOTES ON ACCOUNTING POLICIES FOR FEDERAL AWARDS FOR THE YEAR ENDING JUNE 30, 2023
Accounting Policies: THE SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS IS PRESENTED USING THE MODIFIED ACCRUAL BASIS OF ACCOUNTING. THE INFORMATION IN THIS SCHEDULE IS PRESENTED IN ACCORDANCE WITH REQUIREMENTS OF TITLE 2 U.S. CODE OF FEDEREAL REGULATIONS PART 200, UNIFORM ADMINISTRATIVE REQUIREMENTS, COST PRINCIPLES, AND AUDIT REQUIREMENTS FOR FEDERAL AWARDS (UNIFORM GUIDANCE). THEREFORE, SOME OF THE AMOUNTS PRESENTED IN THIS SCHEDULE MAY DIFFEER FROM AMOUNTS PRESENTED IN, OR USED IN THE PREPARATION OF, THE FINANCIAL STATEMENTS.
De Minimis Rate Used: N
Rate Explanation: THE DISTRICT DID NOT ELECT TO APPLY THE 10% DE MINIMIS INDIRECT COST RATE AS DESCRIBED AT 2 CFR 200.414(f) INDOIRECT (F&A)COSTS.
they are recorded as unearned revenues until earned.
Title: NOTES ON ACCOUNTING POLICIES FOR FEDERAL AWARDS FOR THE YEAR ENDING JUNE 30, 2023
Accounting Policies: THE SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS IS PRESENTED USING THE MODIFIED ACCRUAL BASIS OF ACCOUNTING. THE INFORMATION IN THIS SCHEDULE IS PRESENTED IN ACCORDANCE WITH REQUIREMENTS OF TITLE 2 U.S. CODE OF FEDEREAL REGULATIONS PART 200, UNIFORM ADMINISTRATIVE REQUIREMENTS, COST PRINCIPLES, AND AUDIT REQUIREMENTS FOR FEDERAL AWARDS (UNIFORM GUIDANCE). THEREFORE, SOME OF THE AMOUNTS PRESENTED IN THIS SCHEDULE MAY DIFFEER FROM AMOUNTS PRESENTED IN, OR USED IN THE PREPARATION OF, THE FINANCIAL STATEMENTS.
De Minimis Rate Used: N
Rate Explanation: THE DISTRICT DID NOT ELECT TO APPLY THE 10% DE MINIMIS INDIRECT COST RATE AS DESCRIBED AT 2 CFR 200.414(f) INDOIRECT (F&A)COSTS.
* The District must submit to the pass-through entity, no later than 90 calendar days (or an earlier date as agreed
Title: NOTES ON ACCOUNTING POLICIES FOR FEDERAL AWARDS FOR THE YEAR ENDING JUNE 30, 2023
Accounting Policies: THE SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS IS PRESENTED USING THE MODIFIED ACCRUAL BASIS OF ACCOUNTING. THE INFORMATION IN THIS SCHEDULE IS PRESENTED IN ACCORDANCE WITH REQUIREMENTS OF TITLE 2 U.S. CODE OF FEDEREAL REGULATIONS PART 200, UNIFORM ADMINISTRATIVE REQUIREMENTS, COST PRINCIPLES, AND AUDIT REQUIREMENTS FOR FEDERAL AWARDS (UNIFORM GUIDANCE). THEREFORE, SOME OF THE AMOUNTS PRESENTED IN THIS SCHEDULE MAY DIFFEER FROM AMOUNTS PRESENTED IN, OR USED IN THE PREPARATION OF, THE FINANCIAL STATEMENTS.
De Minimis Rate Used: N
Rate Explanation: THE DISTRICT DID NOT ELECT TO APPLY THE 10% DE MINIMIS INDIRECT COST RATE AS DESCRIBED AT 2 CFR 200.414(f) INDOIRECT (F&A)COSTS.
upon by the pass-through entity and the District) after the end date of the period of performance, all financiaJ,
Title: NOTES ON ACCOUNTING POLICIES FOR FEDERAL AWARDS FOR THE YEAR ENDING JUNE 30, 2023
Accounting Policies: THE SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS IS PRESENTED USING THE MODIFIED ACCRUAL BASIS OF ACCOUNTING. THE INFORMATION IN THIS SCHEDULE IS PRESENTED IN ACCORDANCE WITH REQUIREMENTS OF TITLE 2 U.S. CODE OF FEDEREAL REGULATIONS PART 200, UNIFORM ADMINISTRATIVE REQUIREMENTS, COST PRINCIPLES, AND AUDIT REQUIREMENTS FOR FEDERAL AWARDS (UNIFORM GUIDANCE). THEREFORE, SOME OF THE AMOUNTS PRESENTED IN THIS SCHEDULE MAY DIFFEER FROM AMOUNTS PRESENTED IN, OR USED IN THE PREPARATION OF, THE FINANCIAL STATEMENTS.
De Minimis Rate Used: N
Rate Explanation: THE DISTRICT DID NOT ELECT TO APPLY THE 10% DE MINIMIS INDIRECT COST RATE AS DESCRIBED AT 2 CFR 200.414(f) INDOIRECT (F&A)COSTS.
performance, and other reports as required by the terms and conditions of the Federal award. ihe Federal
Title: NOTES ON ACCOUNTING POLICIES FOR FEDERAL AWARDS FOR THE YEAR ENDING JUNE 30, 2023
Accounting Policies: THE SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS IS PRESENTED USING THE MODIFIED ACCRUAL BASIS OF ACCOUNTING. THE INFORMATION IN THIS SCHEDULE IS PRESENTED IN ACCORDANCE WITH REQUIREMENTS OF TITLE 2 U.S. CODE OF FEDEREAL REGULATIONS PART 200, UNIFORM ADMINISTRATIVE REQUIREMENTS, COST PRINCIPLES, AND AUDIT REQUIREMENTS FOR FEDERAL AWARDS (UNIFORM GUIDANCE). THEREFORE, SOME OF THE AMOUNTS PRESENTED IN THIS SCHEDULE MAY DIFFEER FROM AMOUNTS PRESENTED IN, OR USED IN THE PREPARATION OF, THE FINANCIAL STATEMENTS.
De Minimis Rate Used: N
Rate Explanation: THE DISTRICT DID NOT ELECT TO APPLY THE 10% DE MINIMIS INDIRECT COST RATE AS DESCRIBED AT 2 CFR 200.414(f) INDOIRECT (F&A)COSTS.
awarding agency or pass-through entity may approve extensions when requested and justified by the non-Federal
Title: NOTES ON ACCOUNTING POLICIES FOR FEDERAL AWARDS FOR THE YEAR ENDING JUNE 30, 2023
Accounting Policies: THE SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS IS PRESENTED USING THE MODIFIED ACCRUAL BASIS OF ACCOUNTING. THE INFORMATION IN THIS SCHEDULE IS PRESENTED IN ACCORDANCE WITH REQUIREMENTS OF TITLE 2 U.S. CODE OF FEDEREAL REGULATIONS PART 200, UNIFORM ADMINISTRATIVE REQUIREMENTS, COST PRINCIPLES, AND AUDIT REQUIREMENTS FOR FEDERAL AWARDS (UNIFORM GUIDANCE). THEREFORE, SOME OF THE AMOUNTS PRESENTED IN THIS SCHEDULE MAY DIFFEER FROM AMOUNTS PRESENTED IN, OR USED IN THE PREPARATION OF, THE FINANCIAL STATEMENTS.
De Minimis Rate Used: N
Rate Explanation: THE DISTRICT DID NOT ELECT TO APPLY THE 10% DE MINIMIS INDIRECT COST RATE AS DESCRIBED AT 2 CFR 200.414(f) INDOIRECT (F&A)COSTS.
entity, as applicable (2 CFR 200.344(a)).
Title: NOTES ON ACCOUNTING POLICIES FOR FEDERAL AWARDS FOR THE YEAR ENDING JUNE 30, 2023
Accounting Policies: THE SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS IS PRESENTED USING THE MODIFIED ACCRUAL BASIS OF ACCOUNTING. THE INFORMATION IN THIS SCHEDULE IS PRESENTED IN ACCORDANCE WITH REQUIREMENTS OF TITLE 2 U.S. CODE OF FEDEREAL REGULATIONS PART 200, UNIFORM ADMINISTRATIVE REQUIREMENTS, COST PRINCIPLES, AND AUDIT REQUIREMENTS FOR FEDERAL AWARDS (UNIFORM GUIDANCE). THEREFORE, SOME OF THE AMOUNTS PRESENTED IN THIS SCHEDULE MAY DIFFEER FROM AMOUNTS PRESENTED IN, OR USED IN THE PREPARATION OF, THE FINANCIAL STATEMENTS.
De Minimis Rate Used: N
Rate Explanation: THE DISTRICT DID NOT ELECT TO APPLY THE 10% DE MINIMIS INDIRECT COST RATE AS DESCRIBED AT 2 CFR 200.414(f) INDOIRECT (F&A)COSTS.
Unless the Federal awarding agency or pass-through entity authorizes an ex-tension, a non-Federal entity .must
Title: NOTES ON ACCOUNTING POLICIES FOR FEDERAL AWARDS FOR THE YEAR ENDING JUNE 30, 2023
Accounting Policies: THE SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS IS PRESENTED USING THE MODIFIED ACCRUAL BASIS OF ACCOUNTING. THE INFORMATION IN THIS SCHEDULE IS PRESENTED IN ACCORDANCE WITH REQUIREMENTS OF TITLE 2 U.S. CODE OF FEDEREAL REGULATIONS PART 200, UNIFORM ADMINISTRATIVE REQUIREMENTS, COST PRINCIPLES, AND AUDIT REQUIREMENTS FOR FEDERAL AWARDS (UNIFORM GUIDANCE). THEREFORE, SOME OF THE AMOUNTS PRESENTED IN THIS SCHEDULE MAY DIFFEER FROM AMOUNTS PRESENTED IN, OR USED IN THE PREPARATION OF, THE FINANCIAL STATEMENTS.
De Minimis Rate Used: N
Rate Explanation: THE DISTRICT DID NOT ELECT TO APPLY THE 10% DE MINIMIS INDIRECT COST RATE AS DESCRIBED AT 2 CFR 200.414(f) INDOIRECT (F&A)COSTS.
liquidate all financial obligations incurred under the Federal award no later than 120 calendar days after the eo.d
Title: NOTES ON ACCOUNTING POLICIES FOR FEDERAL AWARDS FOR THE YEAR ENDING JUNE 30, 2023
Accounting Policies: THE SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS IS PRESENTED USING THE MODIFIED ACCRUAL BASIS OF ACCOUNTING. THE INFORMATION IN THIS SCHEDULE IS PRESENTED IN ACCORDANCE WITH REQUIREMENTS OF TITLE 2 U.S. CODE OF FEDEREAL REGULATIONS PART 200, UNIFORM ADMINISTRATIVE REQUIREMENTS, COST PRINCIPLES, AND AUDIT REQUIREMENTS FOR FEDERAL AWARDS (UNIFORM GUIDANCE). THEREFORE, SOME OF THE AMOUNTS PRESENTED IN THIS SCHEDULE MAY DIFFEER FROM AMOUNTS PRESENTED IN, OR USED IN THE PREPARATION OF, THE FINANCIAL STATEMENTS.
De Minimis Rate Used: N
Rate Explanation: THE DISTRICT DID NOT ELECT TO APPLY THE 10% DE MINIMIS INDIRECT COST RATE AS DESCRIBED AT 2 CFR 200.414(f) INDOIRECT (F&A)COSTS.
date of the performance as specified in the terms and conditions oftheFederal award (2 CFR 200.344(b)).