Notes to SEFA
Title: GENERAL
Accounting Policies: Expenditures reported on the Schedule are reported on the modified accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance for all awards. Under these principles, certain types of expenditures are not allowable or are limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: Sacaton Elementary School District No. 18 did not elect to use the 10 percent de minimus indirect cost rate as covered in 2 CFR 200.414.
The purpose of the schedule of expenditures of federal awards (the Schedule) is to present a summary of those activities of Sacaton Elementary School District No. 18 (the District) that have been financed by the U.S. government (federal awards). Federal awards received directly from federal agencies are included in the Schedule. Additionally, all federal awards passed through from other entities have been included in the Schedule.
The information in the Schedule is presented in accordance with requirements of
Title 2 CFR Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). 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, changes in net position, or cash flows of Sacaton Elementary School District No. 18.