Audit 294365

FY End
2023-06-30
Total Expended
$15.58M
Findings
0
Programs
12
Organization: William Penn School District (PA)
Year: 2023 Accepted: 2024-03-11

Organization Exclusion Status:

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Findings

No findings recorded

Programs

Contacts

Name Title Type
RWZ2NYBECK88 Robert Kaufmann Auditee
6102848005 Edmund Fosu-Laryea Auditor
No contacts on file

Notes to SEFA

Title: SCOPE OF THIS SCHEDULE Accounting Policies: All expenditures included in the schedule of expenditures of federal awards are presented on the basis that expenditures are reported to the respective federal grantor agencies. Accordingly, certain expenditures are recorded when the federal obligation is determined De Minimis Rate Used: N Rate Explanation: The District has not elected to use the 10 percent de minimis indirect cost rate allowed under the Uniform Guidance. The schedule of expenditures of federal awards reflects federal expenditures for all individual grants which were active during the fiscal year.
Title: BASIS OF ACCOUNTING Accounting Policies: All expenditures included in the schedule of expenditures of federal awards are presented on the basis that expenditures are reported to the respective federal grantor agencies. Accordingly, certain expenditures are recorded when the federal obligation is determined De Minimis Rate Used: N Rate Explanation: The District has not elected to use the 10 percent de minimis indirect cost rate allowed under the Uniform Guidance. All expenditures included in the schedule of expenditures of federal awards are presented on the basis that expenditures are reported to the respective federal grantor agencies. Accordingly, certain expenditures are recorded when the federal obligation is determined.
Title: NONMONETARY FEDERAL AWARDS − DONATED FOOD Accounting Policies: All expenditures included in the schedule of expenditures of federal awards are presented on the basis that expenditures are reported to the respective federal grantor agencies. Accordingly, certain expenditures are recorded when the federal obligation is determined De Minimis Rate Used: N Rate Explanation: The District has not elected to use the 10 percent de minimis indirect cost rate allowed under the Uniform Guidance. The Commonwealth distributes federal surplus food to institutions (schools, hospitals, and prisons) and to the needy. Expenditures reported in the schedule of expenditures of federal awards under CFDA #10.555, National Summer Food Program, include federal surplus food consumed by the District during the 2022-2023 fiscal year.
Title: INDIRECT COST RATE Accounting Policies: All expenditures included in the schedule of expenditures of federal awards are presented on the basis that expenditures are reported to the respective federal grantor agencies. Accordingly, certain expenditures are recorded when the federal obligation is determined De Minimis Rate Used: N Rate Explanation: The District has not elected to use the 10 percent de minimis indirect cost rate allowed under the Uniform Guidance. The District has not elected to use the 10 percent de minimis indirect cost rate allowed under the Uniform Guidance.