Title: Note 1: Basis of Accounting
Accounting Policies: Modified Accrual. Full note on Form
De Minimis Rate Used: N
Rate Explanation: n/a
The accompanying schedule of expenditures of federal awards includes the federal grant activity of Lame Deer
Title: Note 1: Basis of Accounting
Accounting Policies: Modified Accrual. Full note on Form
De Minimis Rate Used: N
Rate Explanation: n/a
Public School District No. 6 and is presented on the modified accrual basis of accounting including encumbrances.
Title: Note 1: Basis of Accounting
Accounting Policies: Modified Accrual. Full note on Form
De Minimis Rate Used: N
Rate Explanation: n/a
The information in this schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal
Title: Note 1: Basis of Accounting
Accounting Policies: Modified Accrual. Full note on Form
De Minimis Rate Used: N
Rate Explanation: n/a
Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal
Title: Note 1: Basis of Accounting
Accounting Policies: Modified Accrual. Full note on Form
De Minimis Rate Used: N
Rate Explanation: n/a
Awards. Therefore, some amounts presented in this schedule differ from amounts presented in or used in the
Title: Note 1: Basis of Accounting
Accounting Policies: Modified Accrual. Full note on Form
De Minimis Rate Used: N
Rate Explanation: n/a
preparation of the financial statements.
Title: Note 2: Nonmonetary Transactions
Accounting Policies: Modified Accrual. Full note on Form
De Minimis Rate Used: N
Rate Explanation: n/a
The District received $26,365 in USDA Commodities during the 2021-2022 fiscal year. The commodities received
Title: Note 2: Nonmonetary Transactions
Accounting Policies: Modified Accrual. Full note on Form
De Minimis Rate Used: N
Rate Explanation: n/a
are valued at the average wholesale price as determined by the distributing agency. All commodities received by
Title: Note 2: Nonmonetary Transactions
Accounting Policies: Modified Accrual. Full note on Form
De Minimis Rate Used: N
Rate Explanation: n/a
the District were treated as an expense of the Fund receiving the commodities
Title: Note 3: Indirect Cost Rate
Accounting Policies: Modified Accrual. Full note on Form
De Minimis Rate Used: N
Rate Explanation: n/a
The District has elected to not use the 10% de minim is indirect cost rate allowed by the Uniform Guidance
Title: Note 4: Subrecipients
Accounting Policies: Modified Accrual. Full note on Form
De Minimis Rate Used: N
Rate Explanation: n/a
The District passed through $124,867 in Title I, Part A, ALN #84.010, and $20,805 in Elementary and Secondary
Title: Note 4: Subrecipients
Accounting Policies: Modified Accrual. Full note on Form
De Minimis Rate Used: N
Rate Explanation: n/a
School Emergency Relief, ALN #84.425 funds to subrecipients.