Notes to SEFA
Title: REPORTING ENTITY
Accounting Policies: The accounting records for the grant programs are maintained on the modified accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: The District did not elect to use the 10% de minimis indirect cost rate.
The accompanying Schedules of Expenditures of Federal and State Awards include the all the funds of the District. The reporting entity for the District is based upon criteria established by the Governmental Accounting Standards Board.
Title: OVERSIGHT AGENCY
Accounting Policies: The accounting records for the grant programs are maintained on the modified accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: The District did not elect to use the 10% de minimis indirect cost rate.
The federal oversight agency for audit is the U.S. Department of Education. The District’s state cognizant agency is the Wisconsin Department of Public Instruction.
Title: SPECIAL EDUCATION PROGRAM
Accounting Policies: The accounting records for the grant programs are maintained on the modified accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: The District did not elect to use the 10% de minimis indirect cost rate.
Eligible costs for the Special Education Program under project 011 were 2,138,603 for the year ended June 30, 2023. The 2023-2024 aid estimate is $673,660.
Title: FOOD DISTRIBUTION
Accounting Policies: The accounting records for the grant programs are maintained on the modified accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: The District did not elect to use the 10% de minimis indirect cost rate.
Nonmonetary assistance is reported in the schedule at the fair value of the commodities received and disbursed ($39,977).
Title: MEDICAL ASSISTANCE
Accounting Policies: The accounting records for the grant programs are maintained on the modified accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: The District did not elect to use the 10% de minimis indirect cost rate.
Expenditures presented for the Medical SBS Benefit represent only the federal funds for the program that the District receives from DHS. District records should be consulted to determine the total amount expended for this program.
Title: SUBRECIPIENTS
Accounting Policies: The accounting records for the grant programs are maintained on the modified accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: The District did not elect to use the 10% de minimis indirect cost rate.
No amounts were passed through to subrecipients.