Notes to SEFA
Title: Nonmonetary Federal Program
Accounting Policies: The schedule of expenditures of federal awards is presented on the modified accrual basis of accounting. Federal awards that are included in the schedule may re received directly from federal agencies, as well as federal awards that are passed through from other government requirements of the Uniform Guidance.
De Minimis Rate Used: N
Rate Explanation: Indirect costs are included in the reported expenditures to the extent such costs are included in the Federal financial reports used as the source for the data presented. The District does not use the 10% de minimis election.
The District is the recipient of a federal award program (assistance Listing No. 10.555) that does not result in cash receipt or disbursements termed “nonmonetary program.” During the year ended June 30, 2023, the District used $760,557 worth of food commodities as reported in the schedule.
Title: Matching Costs
Accounting Policies: The schedule of expenditures of federal awards is presented on the modified accrual basis of accounting. Federal awards that are included in the schedule may re received directly from federal agencies, as well as federal awards that are passed through from other government requirements of the Uniform Guidance.
De Minimis Rate Used: N
Rate Explanation: Indirect costs are included in the reported expenditures to the extent such costs are included in the Federal financial reports used as the source for the data presented. The District does not use the 10% de minimis election.
Matching costs (the District’s share of certain program costs) are not included in the schedule of expenditures of federal awards.