Notes to SEFA
Title: Non-Cash Assistance
Accounting Policies: Expenditures reported on the Schedule are reported on the modified accrual basis of accounting. Theamounts reported as federal expenditures were obtained from the federal financial reports for theapplicable program and periods. The amounts reported in these reports are prepared from recordsmaintained for each program, which are reconciled with the Districts financial reporting system. Thefederal expenditures are recognized under the Uniform Guidance.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
Nonmonetary assistance is reported in the Schedule at the fair market value of the commodities receivedand disbursed. For the year ended June 30, 2022, the District received food commodities totaling$10,393.