Notes to SEFA
Title: Reporting Entity
Accounting Policies: The accounting records for the grant programs are maintained on the modified accrual basis of accounting. Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in preparation of the financial statements.
De Minimis Rate Used: N
Rate Explanation: The District does not use an indirect cost rate.
The accompanying schedules of expenditures of Federal and State Awards include the federal and state grant activity of the New Glarus School District.
Title: Special Education and School Age Parents Program
Accounting Policies: The accounting records for the grant programs are maintained on the modified accrual basis of accounting. Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in preparation of the financial statements.
De Minimis Rate Used: N
Rate Explanation: The District does not use an indirect cost rate.
2022-2023 eligible costs under the State Special Education Program are $1,651,138. Estimated aid will be $520,109.
Title: Food Distribution
Accounting Policies: The accounting records for the grant programs are maintained on the modified accrual basis of accounting. Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in preparation of the financial statements.
De Minimis Rate Used: N
Rate Explanation: The District does not use an indirect cost rate.
Nonmonetary assistance is reported in the schedule at the fair value of the commodities received and disbursed ($54,988).
Title: Medical Assistance
Accounting Policies: The accounting records for the grant programs are maintained on the modified accrual basis of accounting. Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in preparation of the financial statements.
De Minimis Rate Used: N
Rate Explanation: The District does not use an indirect cost rate.
Expenditures presented for the Medicaid SBS Benefit represent only the federal funds for the program that the District receives from DHS. District records should be consulted to determine the total amount expended for this program.
Title: Subrecipients
Accounting Policies: The accounting records for the grant programs are maintained on the modified accrual basis of accounting. Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in preparation of the financial statements.
De Minimis Rate Used: N
Rate Explanation: The District does not use an indirect cost rate.
No amounts were passed through to subrecipients.