Notes to SEFA
Title: Other Items
Accounting Policies: Schedule of Expenditures of Federal Awards(1) Basis of PresentationThe accompanying schedule of expenditures of federal awards (the Schedule) includes thefederal award activity of the Columbia School District under programs of the federal governmentfor the year ended June 30, 2022. The information in this Schedule is presented in accordancewith 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 the Schedule presents only a selected portion of the operations of the Columbia SchoolDistrict, it is not intended to and does not present the financial position, changes in net position, orcash flows of the Columbia School District.(2) Summary of Significant Accounting PoliciesExpenditures reported on the Schedule are reported on the same basis of accounting and the samesignificant accounting policies, as applicable, as those used for the financial statements; however,the expenditures include transfers out. Such expenditures are recognized following the costprinciples contained in the Uniform Guidance, wherein certain types of expenditures are notallowable or are limited as to reimbursement. Negative amounts shown on the Schedule representadjustments or credits made in the normal course of business to amounts reported as expendituresin prior years.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
Donated commodities are included in the National School Lunch Program.E-rate funds have not been included on this schedule due to the fact the FCC considers the support to be in the form of providing a discount to the schools and libraries and does not consider the assistance to be direct financial support.