Notes to SEFA
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards is prepared on the modified accrual basis ofaccounting. The amounts shown as expenditures of CFDA #10.555 National School Lunch Program Commodities represents the fair value of commodity foods expended by the District for the year ended June 30, 2022.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate. The Carson City School District has elected to use a 6.89% indirect cost rate approved by the Nevada Department of Education.