Title: NOTE 1 - GENERAL
Accounting Policies: NOTE 1 - GENERAL The accompanying Schedule of Expenditures of Federal Awards (the “Schedule”)
includes the Federal award activity of Claiborne 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 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). The School Board’s reporting entity is defined in
Note 1 of the Notes to the financial statements of the School Board’s Annual Comprehensive Financial Report.
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 Claiborne Parish School Board.
NOTE 2 - BASIS OF ACCOUNTING Expenditures reported on the Schedule of Expenditures of Federal
Awards are reported on the modified accrual basis of accounting, which is described in Note 1 of the Notes to the
financial statements of the 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 audite did not use the de minimis cost rate.
The accompanying Schedule of Expenditures of Federal Awards (the “Schedule”) includes the Federal award activity of Claiborne 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 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). The School Board’s reporting entity is defined in Note 1 of the Notes to the financial statements of the School Board’s Annual Comprehensive Financial Report. 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 Claiborne Parish School Board.
Title: NOTE 2 - BASIS OF ACCOUNTING
Accounting Policies: NOTE 1 - GENERAL The accompanying Schedule of Expenditures of Federal Awards (the “Schedule”)
includes the Federal award activity of Claiborne 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 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). The School Board’s reporting entity is defined in
Note 1 of the Notes to the financial statements of the School Board’s Annual Comprehensive Financial Report.
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 Claiborne Parish School Board.
NOTE 2 - BASIS OF ACCOUNTING Expenditures reported on the Schedule of Expenditures of Federal
Awards are reported on the modified accrual basis of accounting, which is described in Note 1 of the Notes to the
financial statements of the 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 audite did not use the de minimis cost rate.
Expenditures reported on the Schedule of Expenditures of Federal Awards are reported on the modified accrual basis of accounting, which is described in Note 1 of the Notes to the financial statements of the 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.
Title: NOTE 3 - RELATIONSHIP TO BASIC FINANCIAL STATEMENTS
Accounting Policies: NOTE 1 - GENERAL The accompanying Schedule of Expenditures of Federal Awards (the “Schedule”)
includes the Federal award activity of Claiborne 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 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). The School Board’s reporting entity is defined in
Note 1 of the Notes to the financial statements of the School Board’s Annual Comprehensive Financial Report.
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 Claiborne Parish School Board.
NOTE 2 - BASIS OF ACCOUNTING Expenditures reported on the Schedule of Expenditures of Federal
Awards are reported on the modified accrual basis of accounting, which is described in Note 1 of the Notes to the
financial statements of the 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 audite did not use the de minimis cost rate.
STATEMENTS Federal awards revenues are reported in the School Board's basic financial statements as follows:
Major fund:
General Fund $28,487
Maintenance 190,000
Education Stabilization 5,131,649
Nonmajor special revenue funds:
School Food Service 1,386,562
Special Education 582,211
Title I 1,215,718
Title II 80,236
Rural Education Achievement Program 7,400
Vocational Education 22,263
Preschool 40,501
Striving Readers Comprehensive Literacy 5,200
Direct Student Services 28,708
Student Support and Academic Enrichment 36,622
Early Childhood 5,773
Total $8,761,330
Title: NOTE 4 - RELATIONSHIP TO FEDERAL FINANCIAL REPORTS
Accounting Policies: NOTE 1 - GENERAL The accompanying Schedule of Expenditures of Federal Awards (the “Schedule”)
includes the Federal award activity of Claiborne 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 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). The School Board’s reporting entity is defined in
Note 1 of the Notes to the financial statements of the School Board’s Annual Comprehensive Financial Report.
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 Claiborne Parish School Board.
NOTE 2 - BASIS OF ACCOUNTING Expenditures reported on the Schedule of Expenditures of Federal
Awards are reported on the modified accrual basis of accounting, which is described in Note 1 of the Notes to the
financial statements of the 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 audite did not use the de minimis cost rate.
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 - GENERAL The accompanying Schedule of Expenditures of Federal Awards (the “Schedule”)
includes the Federal award activity of Claiborne 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 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). The School Board’s reporting entity is defined in
Note 1 of the Notes to the financial statements of the School Board’s Annual Comprehensive Financial Report.
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 Claiborne Parish School Board.
NOTE 2 - BASIS OF ACCOUNTING Expenditures reported on the Schedule of Expenditures of Federal
Awards are reported on the modified accrual basis of accounting, which is described in Note 1 of the Notes to the
financial statements of the 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 audite did not use the de minimis cost rate.
or 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 - GENERAL The accompanying Schedule of Expenditures of Federal Awards (the “Schedule”)
includes the Federal award activity of Claiborne 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 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). The School Board’s reporting entity is defined in
Note 1 of the Notes to the financial statements of the School Board’s Annual Comprehensive Financial Report.
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 Claiborne Parish School Board.
NOTE 2 - BASIS OF ACCOUNTING Expenditures reported on the Schedule of Expenditures of Federal
Awards are reported on the modified accrual basis of accounting, which is described in Note 1 of the Notes to the
financial statements of the 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 audite did not use the de minimis cost rate.
The commodities received, which are noncash revenues, are valued using prices provided by the United States Department of Agriculture.
Title: NOTE 7 - INDIRECT COST RATE
Accounting Policies: NOTE 1 - GENERAL The accompanying Schedule of Expenditures of Federal Awards (the “Schedule”)
includes the Federal award activity of Claiborne 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 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). The School Board’s reporting entity is defined in
Note 1 of the Notes to the financial statements of the School Board’s Annual Comprehensive Financial Report.
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 Claiborne Parish School Board.
NOTE 2 - BASIS OF ACCOUNTING Expenditures reported on the Schedule of Expenditures of Federal
Awards are reported on the modified accrual basis of accounting, which is described in Note 1 of the Notes to the
financial statements of the 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 audite did not use the de minimis cost rate.
Claiborne Parish School Board has not elected to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance.