Notes to SEFA
Accounting Policies: Schedule of Expenditures of Federal AwardsThe schedule of expenditures of Federal awards includes the Federal grant activity of the District and is presented onthe modified accrual basis of accounting. The information in this schedule is presented in accordance with therequirements of the Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements,Cost Principles, and Audit Requirements for Federal Awards. Therefore, some amounts presented in this schedulemay 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.