Notes to SEFA
Title: DONATIONS OF PERSONAL PROTECTIVE EQUIPMENT
Accounting Policies: The accompanying schedule of expenditures of Federal awards includes the Federal grant activity of the District and is presented on the modified accrual basis of accounting. The information in this schedule is presented in accordance with 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). The amount of Federal Revenue reported in the financial statements is $195,030 less than the total Federal expenditures due to revenue recognition differences in Title I ($27,821) and Education Stabilization Fund: ESSSER II ($167,209).
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
The District has estimated that in 2021-2022 it received donations of 4,800 adult and child size N95 masks considered personal protective equipment (PPE) with a fair market value of $4,672. This information has not been audited.