Notes to SEFA
Title: NOTE (2) Subrecipients
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards (the Schedule) includes all Federal grants to the District that had expenditures during the fiscal year ended June 30, 2023. The information in this Schedule is presented in accordance with the requirements of the Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards. This Schedule has been prepared on the modified accrual basis of accounting. Grant revenues are recorded when the District has met the qualifications for the respective grants. 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 or changes in financial position of the District.
De Minimis Rate Used: N
Rate Explanation: The District has elected not to use the 10% de-minimis indirect cost rate.
For the year ended June 30, 2023, the District did not pass through any federal grant awards to subrecipients.
Title: NOTE (4) Non-Cash Programs (Commodities)
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards (the Schedule) includes all Federal grants to the District that had expenditures during the fiscal year ended June 30, 2023. The information in this Schedule is presented in accordance with the requirements of the Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards. This Schedule has been prepared on the modified accrual basis of accounting. Grant revenues are recorded when the District has met the qualifications for the respective grants. 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 or changes in financial position of the District.
De Minimis Rate Used: N
Rate Explanation: The District has elected not to use the 10% de-minimis indirect cost rate.
Commodities donated to the District by the U.S. Department of Agriculture (USDA) of $113,703 are valued based on the USDA's Donated Commodity Price List. These are shown as part of the National School Lunch program ALN 10.555.