Notes to SEFA
Accounting Policies: 1)The Schedule of Expenditures of Federal Awards had been prepared under the modified accrual basis of accounting.2)Management has utilized the Grant Auditor Report in preparing the Schedule of Expenditures of Federal Awards. All differences between the Schedule of Expenditures of Federal Awards and the Grant Auditor Report havebeen reconciled in the attached reconciliation.3)The District has elected to not use the 10% de minimis indirect cost rate.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.