Audit 297569

FY End
2023-06-30
Total Expended
$4.49M
Findings
0
Programs
21
Organization: Woodward School District #i-1 (OK)
Year: 2023 Accepted: 2024-03-26

Organization Exclusion Status:

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Contacts

Name Title Type
Y133ENZK3U65 Rusty Puffinbarger Auditee
5802566063 Jay States Auditor
No contacts on file

Notes to SEFA

Title: NOTE 1: Accounting Policies: The Schedule of Expenditures of Federal Awards was prepared using the same accounting policies used in preparing the District's financial statements. De Minimis Rate Used: N Rate Explanation: The District has elected not to use the 10% de Minimis indirect cost rate allowed under Uniform Guidance. The Schedule of Expenditures of Federal Awards was prepared using the same accounting policies used in preparing the District's financial statements.
Title: NOTE 1: Accounting Policies: The Schedule of Expenditures of Federal Awards was prepared using the same accounting policies used in preparing the District's financial statements. De Minimis Rate Used: N Rate Explanation: The District has elected not to use the 10% de Minimis indirect cost rate allowed under Uniform Guidance. The District's policy is to recognize expenditures when encumbered (contracted for) rather than at the time the related fund liability is incurred.
Title: NOTE 2: Accounting Policies: The Schedule of Expenditures of Federal Awards was prepared using the same accounting policies used in preparing the District's financial statements. De Minimis Rate Used: N Rate Explanation: The District has elected not to use the 10% de Minimis indirect cost rate allowed under Uniform Guidance. The District policy is to expend Child Nutrition federal, state and local revenues, in that order, during each fiscal year. If there are any unexpended federal
Title: NOTE 2: Accounting Policies: The Schedule of Expenditures of Federal Awards was prepared using the same accounting policies used in preparing the District's financial statements. De Minimis Rate Used: N Rate Explanation: The District has elected not to use the 10% de Minimis indirect cost rate allowed under Uniform Guidance. or state funds remaining at the end of a fiscal year, those funds will be expended during the next fiscal year, prior to the utilization of current year funding.
Title: NOTE 3: Accounting Policies: The Schedule of Expenditures of Federal Awards was prepared using the same accounting policies used in preparing the District's financial statements. De Minimis Rate Used: N Rate Explanation: The District has elected not to use the 10% de Minimis indirect cost rate allowed under Uniform Guidance. The District policy is to expend Child Nutrition federal, state and local revenues, in that order, during each fiscal year. If there are any unexpended federal
Title: NOTE 3: Accounting Policies: The Schedule of Expenditures of Federal Awards was prepared using the same accounting policies used in preparing the District's financial statements. De Minimis Rate Used: N Rate Explanation: The District has elected not to use the 10% de Minimis indirect cost rate allowed under Uniform Guidance. or state funds remaining at the end of a fiscal year, those funds will be expended during the next fiscal year, prior to the utilization of current year funding.
Title: NOTE 4: Accounting Policies: The Schedule of Expenditures of Federal Awards was prepared using the same accounting policies used in preparing the District's financial statements. De Minimis Rate Used: N Rate Explanation: The District has elected not to use the 10% de Minimis indirect cost rate allowed under Uniform Guidance. Indirect Costs are included in the total expenditures.
Title: NOTE 5: Accounting Policies: The Schedule of Expenditures of Federal Awards was prepared using the same accounting policies used in preparing the District's financial statements. De Minimis Rate Used: N Rate Explanation: The District has elected not to use the 10% de Minimis indirect cost rate allowed under Uniform Guidance. The District has elected not to use the 10% de Minimis indirect cost rate allowed under Uniform Guidance.
Title: NOTE 6: Accounting Policies: The Schedule of Expenditures of Federal Awards was prepared using the same accounting policies used in preparing the District's financial statements. De Minimis Rate Used: N Rate Explanation: The District has elected not to use the 10% de Minimis indirect cost rate allowed under Uniform Guidance. The District reports they received no federally funded personal protective equipment (PPE) from all sources.