Audit 16334

Title: Note 2 - Federal Awards Reconciliation Accounting Policies: The accompanying schedule of expenditures of federal awards includes the federal grant activity of Ballard County School District and is presented on the accrual basis of accounting. 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). Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of, the financial statements. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate. Federal revenues reflected in the general fund include reimbursements for Medicaid claims which are not included in the Schedule of Expenditures of Federal Awards. Federal revenues as reported on the Statement ofRevenues, Expenditures, and Changes in Fund BalanceGovernmental Funds $1,826,580Federal grants as reported on the Statement of Revenues,Expenses, and Changes in Fund Net Position Proprietary Fund 1,043,747Federal grants - in-kind commodities as reported on theStatement of Revenues, Expenses, and Changes in FundNet Position Proprietary Fund 74,342Total federal expenditures 2,944,669Less Medicaid claims (40,832)TOTAL FEDERAL AWARDS $2,903,837The total commodities reported in the Statement of Revenues, Expenses, and Changes in Net Position for the proprietary funds of $74,342 consists of the non-monetary food distributions through the National School Lunch Program in the amount of $44,762 and the fresh fruit and vegetable program in the amount of $29,580. These amounts are listed separately on the Schedule of Federal Awards because they fall under different Catalogue of Federal Domestic Award numbers. However, they are both non-cash awards.