Notes to SEFA
Title: Donated Food Value
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards includes the federal grant activity of the board and is presented on a modified accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of the Uniform Guidance. Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in preparation of, the financial statements.
De Minimis Rate Used: N
Rate Explanation: The Board has not elected to use the 10-percent deminimis indirect cost rate allowed under the Uniform Guidance.
Donated food distribution represents surplus agricultural commodities received from the U.S. Department of Agriculture passed through from the West Virginia Department of Agriculture. Commodities are valued based on amounts as established by the U.S. Department of Agriculture. For the year ended June 30, 2023 total value of the donated food inventories was $155,689, which is included in the Child Nutrition cluster of programs.