Title: NOTE 3 - RELATIONSHIP TO THE BASIC FINANCIAL STATEMENTS
Accounting Policies: NOTE 1 - BASIS OF PRESENTATION The accompanying Schedule of Expenditures of Federal Awards
includes the federal award activity of the LaSalle Parish School Board (the "School Board") under programs of the
federal government for the year ended June 30, 2023. The information in this Schedule is presented in accordance
with the requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements,
Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Because the schedule presents
only a selected portion of the operations of the School Board, it is not intended to and does not present the financial
position or change in net position of the School Board.
NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES The accompanying Schedule of
Expenditures of Federal Awards is presented using the modified accrual basis of accounting, which is described in
Note 1 of the Notes to the Basic Financial Statements of the School Board's Annual Comprehensive Financial
Report. Such expenditures are recognized following the cost principles contained in the Uniform Guidance wherein
certain types of expenditures are not allowable or are limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: The auditee has elected to not use the de minimis cost rate.
NOTE 3 - RELATIONSHIP TO THE BASIC FINANCIAL STATEMENTS Federal awards expended are
reported in the School Board's basic financial statements as follows:
Federal
Sources
Major Funds:
Education Stabilization $ 2,188,740
Nonmajor Funds:
School Food Service 1,550,894
ESEA Programs 943,456
Special Education 683,132
Career and Technical Grants 110,426
Miscellaneous Grants 5 5,271
Main Construction 95,035
JHS Girls' Gym Hurricane Laura 18,895
Total $ 5,645,849
Title: NOTE 4 - RELATIONSHIP TO FEDERAL FINANCIAL REPORTS
Accounting Policies: NOTE 1 - BASIS OF PRESENTATION The accompanying Schedule of Expenditures of Federal Awards
includes the federal award activity of the LaSalle Parish School Board (the "School Board") under programs of the
federal government for the year ended June 30, 2023. The information in this Schedule is presented in accordance
with the requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements,
Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Because the schedule presents
only a selected portion of the operations of the School Board, it is not intended to and does not present the financial
position or change in net position of the School Board.
NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES The accompanying Schedule of
Expenditures of Federal Awards is presented using the modified accrual basis of accounting, which is described in
Note 1 of the Notes to the Basic Financial Statements of the School Board's Annual Comprehensive Financial
Report. Such expenditures are recognized following the cost principles contained in the Uniform Guidance wherein
certain types of expenditures are not allowable or are limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: The auditee has elected to not use the de minimis cost rate.
NOTE 4 - RELATIONSHIP TO FEDERAL FINANCIAL REPORTS Amounts reported in the accompanying
schedule agree with the amounts reported in the related federal financial reports except for changes made to reflect
amounts in accordance with accounting principles generally accepted in the United States of America.
Title: NOTE 5 - MATCHING REVENUES
Accounting Policies: NOTE 1 - BASIS OF PRESENTATION The accompanying Schedule of Expenditures of Federal Awards
includes the federal award activity of the LaSalle Parish School Board (the "School Board") under programs of the
federal government for the year ended June 30, 2023. The information in this Schedule is presented in accordance
with the requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements,
Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Because the schedule presents
only a selected portion of the operations of the School Board, it is not intended to and does not present the financial
position or change in net position of the School Board.
NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES The accompanying Schedule of
Expenditures of Federal Awards is presented using the modified accrual basis of accounting, which is described in
Note 1 of the Notes to the Basic Financial Statements of the School Board's Annual Comprehensive Financial
Report. Such expenditures are recognized following the cost principles contained in the Uniform Guidance wherein
certain types of expenditures are not allowable or are limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: The auditee has elected to not use the de minimis cost rate.
NOTE 5 - MATCHING REVENUES For those funds that have matching revenues and state funding, federal
expenditures were determined by deducting matching revenues from total expenditures.
Title: NOTE 6 - NONCASH PROGRAMS
Accounting Policies: NOTE 1 - BASIS OF PRESENTATION The accompanying Schedule of Expenditures of Federal Awards
includes the federal award activity of the LaSalle Parish School Board (the "School Board") under programs of the
federal government for the year ended June 30, 2023. The information in this Schedule is presented in accordance
with the requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements,
Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Because the schedule presents
only a selected portion of the operations of the School Board, it is not intended to and does not present the financial
position or change in net position of the School Board.
NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES The accompanying Schedule of
Expenditures of Federal Awards is presented using the modified accrual basis of accounting, which is described in
Note 1 of the Notes to the Basic Financial Statements of the School Board's Annual Comprehensive Financial
Report. Such expenditures are recognized following the cost principles contained in the Uniform Guidance wherein
certain types of expenditures are not allowable or are limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: The auditee has elected to not use the de minimis cost rate.
NOTE 6 - NONCASH PROGRAMS The commodities received, which are noncash revenues, are valued using
prices provided by the United States Department of Agriculture.
Title: NOTE 7 – DISASTER GRANTS – PUBLIC ASSISTANCE, AL# 97.036
Accounting Policies: NOTE 1 - BASIS OF PRESENTATION The accompanying Schedule of Expenditures of Federal Awards
includes the federal award activity of the LaSalle Parish School Board (the "School Board") under programs of the
federal government for the year ended June 30, 2023. The information in this Schedule is presented in accordance
with the requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements,
Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Because the schedule presents
only a selected portion of the operations of the School Board, it is not intended to and does not present the financial
position or change in net position of the School Board.
NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES The accompanying Schedule of
Expenditures of Federal Awards is presented using the modified accrual basis of accounting, which is described in
Note 1 of the Notes to the Basic Financial Statements of the School Board's Annual Comprehensive Financial
Report. Such expenditures are recognized following the cost principles contained in the Uniform Guidance wherein
certain types of expenditures are not allowable or are limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: The auditee has elected to not use the de minimis cost rate.
NOTE 7 – DISASTER GRANTS – PUBLIC ASSISTANCE, AL# 97.036 Non-Federal entities must record
expenditures on the SEFA when: (1) Federal Emergency Management Agency (FEMA) has approved the nonfederal
entity’s project worksheet (PW), and (2) the non-federal entity has incurred the eligible expenditures. In
2023, FEMA approved $113,930 of eligible expenditures that were incurred in a prior year and are included on the
schedule.