Notes to SEFA
Accounting Policies: 1 - The Schedule of Expenditures of Federal Awards reflects expenditures for all individual grants which were active during the fiscal year.
2 - Basis of Accounting - The District uses the modified accrual method of recording transactions except as noted for the accounting of donated commodities in Note 3. Revenues are recorded when measurable and available. Expenditures are recorded when incurred.
3 - Nonmonetary Federal Awards - Donated Food - The Commonwealth of Pennsylvania distributes surplus food to institutions (schools, hospitals, and prisons) and to the needy. Expenditures reported in the Schedule of Expenditures of Federal Awards under ALN #10.555 USDA Commodities represent federal surplus food consumed by the District during the 2022-2023 fiscal year.
4 - ACCESS Program - The District participates in the ACCESS program which is a medical assistance program that reimburses local educational agencies for direct eligible health-related services provided to enrolled special needs students. Reimbursements are federal source revenues but are classified as fee-for-service and are not considered federal financial assistance. The amount of ACCESS funding recognized for the year ended June 30, 2023 was $0.
De Minimis Rate Used: N
Rate Explanation: No indirect costs were charged to the District's Federal awards for the year ended June 30, 2023.