Notes to SEFA
Title: MATCHING COSTS
Accounting Policies: Expenditures reported on the Schedule are presented in conformity with accounting principlesgenerally accepted in the United States and the amounts presented are derived from theSchool Districts general ledger.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
Matching costs, i.e. the School Districts share of certain program costs, are not included in thereported expenditures.
Title: PASS-THROUGH PROGRAMS
Accounting Policies: Expenditures reported on the Schedule are presented in conformity with accounting principlesgenerally accepted in the United States and the amounts presented are derived from theSchool Districts general ledger.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
Where the School District receives funds from a government entity other than the federal government (pass-through), the funds are accumulated based upon the Assistance Listings number advised by the pass-through grantor. Identifying numbers, other than the Assistance Listings numbers, which may be assigned bypass-through grantors are not maintained in the School Districts financial management system. The School District has identified certain pass-through identifying numbers and included them in the schedule of expenditures of federal awards, as available.
Title: NON-MONETARY FEDERAL PROGRAM
Accounting Policies: Expenditures reported on the Schedule are presented in conformity with accounting principlesgenerally accepted in the United States and the amounts presented are derived from theSchool Districts general ledger.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
The School District is the recipient of a federal financial award program that does not result in cash receipts or disbursements termed a non-monetary program. During the year ended June 30, 2022, the School District received food commodities, the fair value of which amounted to $118,221 is presented in the Schedule as National School Lunch Program(Division of Donated Foods, Assistance Listing #10.555).