Notes to SEFA
Title: Basis of Presentation
Accounting Policies: Expenditures reported on the Schedule are reported on the modified accrual basis of accounting. 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.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
The accompanying Schedule of Expenditures of Federal Awards (the Schedule) includes the federal award activity of the DeKalb County Board of Education under the programs of the federal government for the year ended September 30, 2022. The information in this Schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Because the Schedule presents only a selected portion of the operations of the DeKalb County Board of Education, it is not intended to and does not present the financial position or changes in net position of the DeKalb County Board of Education.
Title: Transferability
Accounting Policies: Expenditures reported on the Schedule are reported on the modified accrual basis of accounting. 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.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
As allowed by federal regulations, the Board expended $268,610.00 from the Student Support and Academic Enrichment Program (Assistance Listing Number 84.424) to Title I Grants to Local Educational Agencies (Assistance Listing Number 84.010). This amount is reflected in the expenditures of Title I Grants to Local Educational Agencies (Assistance Listing Number 84.010).