Notes to SEFA
Title: Note A: Scope of this Schedule
Accounting Policies: Scope of this Schedule - The schedule of expenditures of federal awards reflects federal expenditures for all individual grants which were active during the fiscal year. Basis of Accounting - The School uses the modified accrual method of recording transactions. Revenues are recorded when measurable and available. Expenditures are recorded when incurred.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
The schedule of expenditures of federal awards reflects federal expenditures for individual grants which were active during the fiscal year.
Title: Note B: Basis of Accounting
Accounting Policies: Scope of this Schedule - The schedule of expenditures of federal awards reflects federal expenditures for all individual grants which were active during the fiscal year. Basis of Accounting - The School uses the modified accrual method of recording transactions. Revenues are recorded when measurable and available. Expenditures are recorded when incurred.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
The School uses the modified accrual method of recording transactions. Revenues are recorded when measurable and available.
Title: Note C: Indirect Cost Rate
Accounting Policies: Scope of this Schedule - The schedule of expenditures of federal awards reflects federal expenditures for all individual grants which were active during the fiscal year. Basis of Accounting - The School uses the modified accrual method of recording transactions. Revenues are recorded when measurable and available. Expenditures are recorded when incurred.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
The School has not elected to use the 10 percent de minimis indirect cost rate allowed under the Uniform Guidance.
Title: Note D: Nonmonetary Federal Awards - Donated Foods
Accounting Policies: Scope of this Schedule - The schedule of expenditures of federal awards reflects federal expenditures for all individual grants which were active during the fiscal year. Basis of Accounting - The School uses the modified accrual method of recording transactions. Revenues are recorded when measurable and available. Expenditures are recorded when incurred.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
The Commonwealth of Pennsylvania 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 AL #10.555, National School Lunch Program, represent surplus food consumed by the School during the 2022 - 2023 fiscal year.