Notes to SEFA
Title: Special Education and School Age Parents Program
Accounting Policies: The accompanying schedules of expenditures of federal and state awards includes the federal and state grant activity of the School District of McFarland and is presented on the accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance) and the State Single Audit Guidelines, issued by the Wisconsin Department of Administration. Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of the financial statements.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
Eligible costs under the State Special Education Program are $5,600,917 for the year ended June 30, 2022. The 2022-2023 aid estimate is $1,389,028.