Notes to SEFA
Title: Note 3 - Child Nutrition Cluster
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards (the Schedule) includes the federal award activity ofCircleville City School District (the District) under programs of the federal government for the year ended June 30,2022 and is prepared in accordance with the cash basis of accounting. The information on this Schedule is preparedin accordance with the requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform AdministrativeRequirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Because theSchedule presents only a selected portion of the operations of the District, it is not intended to and does not presentthe financial position or changes in net position of the District. Such expenditures are recognized following the costprinciples contained in Uniform Guidance wherein certain types of expenditures may or may not be allowable or maybe limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
The District commingles cash receipts from the U.S. Department of Agriculture with similar State grants. When reporting expenditures on this Schedule, the District assumes it expends federal monies first.
Title: Note 4 - Food Donation Program
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards (the Schedule) includes the federal award activity ofCircleville City School District (the District) under programs of the federal government for the year ended June 30,2022 and is prepared in accordance with the cash basis of accounting. The information on this Schedule is preparedin accordance with the requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform AdministrativeRequirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Because theSchedule presents only a selected portion of the operations of the District, it is not intended to and does not presentthe financial position or changes in net position of the District. Such expenditures are recognized following the costprinciples contained in Uniform Guidance wherein certain types of expenditures may or may not be allowable or maybe limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
The District reports commodities consumed on the Schedule at the entitlement value. The District allocated donated food commodities to the respective program that benefitted from the use of those donated food commodities.