Notes to SEFA
Title: Noncash Awards
Accounting Policies: Expenditures reported on the Schedule are reported on the accrual basis ofaccounting. Such expenditures are recognized following the cost principlescontained in the Uniform Guidance and/or OMB Circular A-87, Cost Principles forState, Local and Indian Tribal Governments, wherein certain types ofexpenditures are not allowable or are limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: The U.S. Department of Education (USED) has delegated to the State ofVermont Agency of Education the authority to issue indirect cost rates to all LocalEducation Agencies (LEAs) based on a plan approved by the USED. Therefore,the Windsor Southeast Supervisory Union does not use the 10% de minimusindirect cost rate as allowed under the Uniform Guidance.
The Windsor Southeast Supervisory Union reports U.S. Department ofAgriculture (USDA) Foods consumed on the Schedule at the fair value [or entitlementvalue]. The State of Vermont allocated USDA Foods to the respective program(s) thatbenefitted from the use of those USDA Foods.
Title: Expenditures to Subrecipients
Accounting Policies: Expenditures reported on the Schedule are reported on the accrual basis ofaccounting. Such expenditures are recognized following the cost principlescontained in the Uniform Guidance and/or OMB Circular A-87, Cost Principles forState, Local and Indian Tribal Governments, wherein certain types ofexpenditures are not allowable or are limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: The U.S. Department of Education (USED) has delegated to the State ofVermont Agency of Education the authority to issue indirect cost rates to all LocalEducation Agencies (LEAs) based on a plan approved by the USED. Therefore,the Windsor Southeast Supervisory Union does not use the 10% de minimusindirect cost rate as allowed under the Uniform Guidance.
AL Hartland Weathersfield Mt. AscutneyNumber School District School District School District Total84.425D $ 187,830 $ 146,521 $ 117,168 $ 451,519