Notes to SEFA
Title: Significant Accounting Policies used in Preparing the SEFA
Accounting Policies: Accrual basis of accounting, Uniform Guidance
De Minimis Rate Used: N
Rate Explanation: The entity did not use the de minimis cost rate.
The accompanying schedule of expenditures of federal awards prepared on the basis of accounting practices prescribed or permitted by the Manual of Accounting and Related Finanical Procedures for Pennsylvania School Systems, issued by the Pennsylvania Department of Education. These practices, as they apply to the School District, are in conformity with U.S. generally accepted accounting principles. The District did not use the 10% de minimis indirect cost rate.