Notes to SEFA
Title: NOTE A – BASIS OF PRESENTATION
Accounting Policies: Kansas regulatory basis of accounting was used.
De Minimis Rate Used: N
Rate Explanation: No indirect costs were used.
The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal award activity of Unified School District No. 251, Kansas under programs of the federal government for the year ended June 30, 2023. The information in this Schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Because the Schedule presents only a selected portion of the operations of the District, it is not intended to and does not present the financial position, changes in net assets, or cash flows of the District. The Schedule is presented using a regulatory basis of accounting prescribed by the Kansas Municipal Audit and Accounting Guide (as described in Note 1 to the financial statement), which is the same basis of accounting as the financial statement accompanying this schedule.
Title: NOTE B – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Accounting Policies: Kansas regulatory basis of accounting was used.
De Minimis Rate Used: N
Rate Explanation: No indirect costs were used.
Expenditures reported on the Schedule are reported on the State of Kansas regulatory basis of accounting. Expenditures are recognized following the cost principles contained in the Uniform Guidance wherein certain types of expenditures are not allowable or are limited as to reimbursement. The District has not elected to use the 10 percent de minimis indirect cost rate as allowed under the Uniform Guidance.
Title: NOTE C – COST SHARE
Accounting Policies: Kansas regulatory basis of accounting was used.
De Minimis Rate Used: N
Rate Explanation: No indirect costs were used.
The district is provided cost sharing amounts for certain programs. The schedule of expenditures of federal awards includes only the federal share of expenditures. Funds where current year federal expenditures were receipted and expended are as follows: Small & Rural Schools $22,488; Vocational Ed $3,309; Title I $63,969; Title IIA $29,182; ESSER $275,568; Special Ed ESSER $2,085; Food Service $162,869; KDHE $472,710; and Gifts and Grants $43,938.