Notes to SEFA
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards includes the federal grant activity of theDistrict and is presented on the modified accrual basis of accounting. The information in this Schedule ispresented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations Part 200, UniformAdministrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance)Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in thepreparation of, the financial statements.
De Minimis Rate Used: Y
Rate Explanation: The auditee used the de minimis cost rate.