Title: Note 3 Non-cash Assistance
Accounting Policies: The accompanying schedule of expenditures of federal awards (Schedule) includes the federal grantactivity administered by Blackhawk School District (School District) for the year ended June 30, 2022.The information in the Schedule is presented in accordance with the requirements of Title 2 U.S. Codeof Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and AuditRequirements for Federal Awards (Uniform Grant Guidance UGG). Because the Schedule presentsonly a selected portion of the operations of the School District, it is not intended to and does not presentthe financial position or changes in net position of the School District.Expenditures reported on the Schedule are presented using the accrual method of accounting. Underthis method, grant revenue is recognized to the extent expenditures are incurred. Expenditures arerecognized when the liability for the expenditure is incurred rather than when the disbursement is actuallymade.The federal expenditures are recognized, as applicable, under the cost principles contained in Title 2U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles andAudit Requirements for Federal Awards, wherein certain types of expenditures are not allowable orlimited to reimbursement.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
The Blackhawk School District received donated commodities from the Pennsylvania Department of Agriculture in connection with its food service program. The amount of non-cash assistance expended in the accompanying schedule of expenditures of federal awards reflects the fair market value of the commodities used during the 2021-2022 fiscal year.
Title: Note 4 Reconciliation to the PDE Audit Confirmation of Subsidy Payments
Accounting Policies: The accompanying schedule of expenditures of federal awards (Schedule) includes the federal grantactivity administered by Blackhawk School District (School District) for the year ended June 30, 2022.The information in the Schedule is presented in accordance with the requirements of Title 2 U.S. Codeof Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and AuditRequirements for Federal Awards (Uniform Grant Guidance UGG). Because the Schedule presentsonly a selected portion of the operations of the School District, it is not intended to and does not presentthe financial position or changes in net position of the School District.Expenditures reported on the Schedule are presented using the accrual method of accounting. Underthis method, grant revenue is recognized to the extent expenditures are incurred. Expenditures arerecognized when the liability for the expenditure is incurred rather than when the disbursement is actuallymade.The federal expenditures are recognized, as applicable, under the cost principles contained in Title 2U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles andAudit Requirements for Federal Awards, wherein certain types of expenditures are not allowable orlimited to reimbursement.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
Amount received per Schedule $2,400,404 Add: State funding on confirmation 48,376 Add: Medical Assistance - ACCESS 31,500 Less: Beaver Valley Intermediate Unit (127,924)Less: Donated Commodities (59,126)Less: Other PA Agencies (10,752)Rounding differences (2)Per Subsidy Confirmation $2,282,476
Title: Note 4 Indirect Source Funds
Accounting Policies: The accompanying schedule of expenditures of federal awards (Schedule) includes the federal grantactivity administered by Blackhawk School District (School District) for the year ended June 30, 2022.The information in the Schedule is presented in accordance with the requirements of Title 2 U.S. Codeof Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and AuditRequirements for Federal Awards (Uniform Grant Guidance UGG). Because the Schedule presentsonly a selected portion of the operations of the School District, it is not intended to and does not presentthe financial position or changes in net position of the School District.Expenditures reported on the Schedule are presented using the accrual method of accounting. Underthis method, grant revenue is recognized to the extent expenditures are incurred. Expenditures arerecognized when the liability for the expenditure is incurred rather than when the disbursement is actuallymade.The federal expenditures are recognized, as applicable, under the cost principles contained in Title 2U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles andAudit Requirements for Federal Awards, wherein certain types of expenditures are not allowable orlimited to reimbursement.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
Federal funding received indirectly from pass-through entities are indicated as I on the Schedule.