Audit 12670

FY End
2023-06-30
Total Expended
$2.48M
Findings
0
Programs
13
Year: 2023 Accepted: 2024-01-22
Auditor: Bonadio & CO LLP

Organization Exclusion Status:

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Findings

No findings recorded

Contacts

Name Title Type
VNJGNHN7JV43 Todd Hilgendorff Auditee
5189665070 Alan Walther Auditor
No contacts on file

Notes to SEFA

Title: PASS-THROUGH PROGRAMS Accounting Policies: Expenditures reported on the Schedule are presented in conformity with accounting principles generally accepted in the United States and the amounts presented are derived from the School District’s general ledger. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate Where the School District receives funds from a government entity other than the federal government (pass-through), the funds are accumulated based upon the Assistance Listings number advised by the pass-through grantor. Identifying numbers, other than the Assistance Listing numbers, which may be assigned by pass-through grantors are not maintained in the School District’s financial management system. The School District has identified certain pass-through identifying numbers and included them in the schedule of expenditures of federal awards, as available.
Title: INDIRECT COSTS Accounting Policies: Expenditures reported on the Schedule are presented in conformity with accounting principles generally accepted in the United States and the amounts presented are derived from the School District’s general ledger. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate Indirect costs are included in the reported expenditures to the extent they are included in the financial reports used as the source for the expenditures presented. The School District did not elect to use the 10 percent de-minimis indirect cost rate as allowed under the Uniform Guidance.
Title: MATCHING COSTS Accounting Policies: Expenditures reported on the Schedule are presented in conformity with accounting principles generally accepted in the United States and the amounts presented are derived from the School District’s general ledger. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate Matching costs, i.e. the School District’s share of certain program costs, are not included in the reported expenditures.
Title: NON-MONETARY FEDERAL PROGRAM Accounting Policies: Expenditures reported on the Schedule are presented in conformity with accounting principles generally accepted in the United States and the amounts presented are derived from the School District’s general ledger. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate The School District is the recipient of a federal financial award program that does not result in cash receipts or disbursements termed a non-monetary program. During the year ended June 30, 2023, the School District received food commodities, the fair value of which amounted to $22,965 and is presented in the Schedule as National School Lunch Program (Division of Donated Foods, Assistance Listing #10.555).