Title: NOTE 3 - RELATIONSHIP TO FINANCIAL STATEMENTS
Accounting Policies: NOTE 1 - BASIS OF PRESENTATION The accompanying Schedule of Expenditures of Federal Awards (the
“Schedule”) includes the federal award activity of the Bossier Parish 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 changes in net position of the School Board.
NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Expenditures reported on the Schedule
are reported on the modified accrual basis of accounting, which is described in Note 1 of the Notes to the 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 not to use de minimis cost rate.
NOTE 3 - RELATIONSHIP TO FINANCIAL STATEMENTS Federal awards revenues are reported in the
School Board's fund financial statements as follows:
Funds Federal Sources:
General $ 1,503,948
Education Stabilization $18,978,019
Nonmajor Governmental:
Title I $9,851,350
Title II $1,107,291
Title III $142,306
Special Education $7,020,085
School Food Service $9,816,461
Comprehensive Literacy $2,683,443
Special Federal $1,545,857
Total $52,648,760
Title: NOTE 4 - RELATIONSHIP TO FEDERAL FINANCIAL REPORTS
Accounting Policies: NOTE 1 - BASIS OF PRESENTATION The accompanying Schedule of Expenditures of Federal Awards (the
“Schedule”) includes the federal award activity of the Bossier Parish 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 changes in net position of the School Board.
NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Expenditures reported on the Schedule
are reported on the modified accrual basis of accounting, which is described in Note 1 of the Notes to the 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 not to use 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 basic 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 - MAJOR FEDERAL AWARDS
Accounting Policies: NOTE 1 - BASIS OF PRESENTATION The accompanying Schedule of Expenditures of Federal Awards (the
“Schedule”) includes the federal award activity of the Bossier Parish 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 changes in net position of the School Board.
NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Expenditures reported on the Schedule
are reported on the modified accrual basis of accounting, which is described in Note 1 of the Notes to the 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 not to use de minimis cost rate.
NOTE 5 - MAJOR FEDERAL AWARDS The dollar threshold of $1,579,462 was used to distinguish between
Type A and Type B federal programs. 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 (the
“Schedule”) includes the federal award activity of the Bossier Parish 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 changes in net position of the School Board.
NOTE 2 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Expenditures reported on the Schedule
are reported on the modified accrual basis of accounting, which is described in Note 1 of the Notes to the 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 not to use 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.