Notes to SEFA
Title: NOTE 3: SUBRECIPIENTS
Accounting Policies: THE ACCOMPANYING SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS INCLUDED THE FEDERAL GRANT ACTIVITY OF SPRING VALLEY ELEMENTARY CCSD NO. 99 AND IS PRESENTED ON THE CASH BASIS 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 BASIS FINANCIAL STATEMENTS.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
OF THE FEDERAL EXPENDITURES PRESENTED IN THE SCHDULE, SPRING VALLEY CCSD NO. 99 PROVIDED NO FEDERAL AWARDS TO SUBRECIPIENTS.
Title: NOTE 4: NON-CASH ASSISTANCE
Accounting Policies: THE ACCOMPANYING SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS INCLUDED THE FEDERAL GRANT ACTIVITY OF SPRING VALLEY ELEMENTARY CCSD NO. 99 AND IS PRESENTED ON THE CASH BASIS 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 BASIS FINANCIAL STATEMENTS.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
THE FOLLOWING AMOUNTS WERE EXPENDED IN THE FORM OF NON-CASH ASSISTANCE BY SPRING VALLEY ELEMENTARY CCSD NO. 99 AND SHOULD BE INCLUDED IN THE SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS: NON-CASH COMMODITIES (CFDA 10.555) - 25,735; OTHER NON-CASH ASSISTANCE - DEPT OF DEFENSE FRUITS & VEGETABLES - 17,401; TOTAL NON-CASH 43,136
Title: NOTE 5: OTHER INFORMATION
Accounting Policies: THE ACCOMPANYING SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS INCLUDED THE FEDERAL GRANT ACTIVITY OF SPRING VALLEY ELEMENTARY CCSD NO. 99 AND IS PRESENTED ON THE CASH BASIS 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 BASIS FINANCIAL STATEMENTS.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
THERE WERE NO INSURANCE COVERAGE IN EFFECT PAID WITH FEDERAL FUNDS DURING THE FISCAL YEAR.