Audit 13475

FY End
2023-06-30
Total Expended
$118.15M
Findings
0
Programs
15
Organization: Gallup-McKinley County Schools (NM)
Year: 2023 Accepted: 2024-01-24

Organization Exclusion Status:

Checking exclusion status...

Findings

No findings recorded

Contacts

Name Title Type
MZC6N49RJKA8 Chris Kline Auditee
5058838788 Farley Vener Auditor
No contacts on file

Notes to SEFA

Title: Non-Cash Federal Assistance Accounting Policies: The accompanying schedule of expenditures of federal awards includes the federal grant expenditure activity for the financial statements of the organization. The schedule is presented on the accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of Uniform Guidance. De Minimis Rate Used: N Rate Explanation: The District did not use the de minimis cost rate. The de minimis cost rate is not consistently applied to all grants, per grant requirements The District receives USDA Commodities for use in sponsoring the National School Lunch program. The value of received for the year ended June 30, 2023 was $686,576 and is reported in the Schedule of Expenditures of Federal under the Department of Agriculture Commodities program, ALN 10.555. Commodities are recorded as revenues and expenditures in the food service fund.
Title: Subrecipients Accounting Policies: The accompanying schedule of expenditures of federal awards includes the federal grant expenditure activity for the financial statements of the organization. The schedule is presented on the accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of Uniform Guidance. De Minimis Rate Used: N Rate Explanation: The District did not use the de minimis cost rate. The de minimis cost rate is not consistently applied to all grants, per grant requirements The District did not provide any federal awards to subrecipients during the year.