Notes to SEFA
Accounting Policies: Matching costs (the District's share of certain program costs) are not included in the reported
expenditures. Expenditures reported on the Schedule are reported on the modified accrual basis of
accounting. The amounts reported as Federal expenditures were obtained from the Federal
financial reports for the applicable program and periods. The amounts reported in these reports
are prepared from records maintained for each program, which are reconciled with the District's
financial reporting system.
The Federal expenditures are recognized under the Uniform Guidance.
De Minimis Rate Used: N
Rate Explanation: Indirect costs may be included in the reported expenditures, to the extent they are included in the Federal financial reports used as the source for the data presented. The District's policy is not to charge Federal award programs with indirect costs.