Notes to SEFA
Title: Non-Cash Assistance
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards includes the federal grant activity of Polo Community Unit School District and is
presented on the cash basis method of accounting. The information in this schedule is presented in accordance with the requirements of the
Office of Management and Budget Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards. Therefore,
some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of, the Basic financial statements.
De Minimis Rate Used: N
Rate Explanation: N/A
The following amounts were expended in the form of non-cash assistance by Polo Community Unit School District and should be included in the SEFA