Audit 21728

FY End
2022-06-30
Total Expended
$3.07M
Findings
0
Programs
17
Organization: Commerce School District (OK)
Year: 2022 Accepted: 2023-03-28

Organization Exclusion Status:

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Contacts

Name Title Type
FKBYFMZDBLT8 Steve Moss Auditee
9186754316 Kerry Patten Auditor
No contacts on file

Notes to SEFA

Accounting Policies: Expenditures reported in the Schedule are reported on the regulatory basis of accounting consistent with the preparation of the combined financial states except for non-monetary assistance noted in Note C. Such expenditures are recognized following the cost principles contained in the uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. The School has elected not to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate.