Notes to SEFA
Accounting Policies: The accompanying schedule of expenditures of federal awards includes the federal award activity of MapleRun Unified District under programs of the federal government for the year ended June 30, 2021.The information in this Schedule is presented in accordance with the requirements of Title 2 U.S. Code ofFederal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirementsfor Federal Awards (Uniform Guidance). Because the Schedule presents only a selected portion of the operationsof Maple Run Unified District, it is not intended to and does not present the financial position, changes in netassets of Franklin Central Supervisory Union.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.