Title: Note 1 – Basis of Presentation
Accounting Policies: Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such
expenditures are recognized following the cost principles contained in Title 2 U.S. Code of Federal
Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit
Requirements for Federal Awards, wherein certain types of expenditures may or may not be
allowable or may be limited as to reimbursement. The Board has elected not to use the 10-percent
de minimis indirect cost rate as allowed under the Uniform Guidance.
De Minimis Rate Used: N
Rate Explanation: Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such
expenditures are recognized following the cost principles contained in Title 2 U.S. Code of Federal
Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit
Requirements for Federal Awards, wherein certain types of expenditures may or may not be
allowable or may be limited as to reimbursement. The Board has elected not to use the 10-percent
de minimis indirect cost rate as allowed under the Uniform Guidance.
The accompanying Schedule of Expenditures of Federal Awards includes the federal grant activity
of the Board under programs of the federal government for the year ended June 30, 2023. The
information on this Schedule is prepared in accordance with the requirements of Title 2 U.S. Code
of Federal Regulations 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 Board, it is not intended to and does not present the
financial position, changes in net position of the Board.
Title: Note 3 – Child Nutrition Program
Accounting Policies: Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such
expenditures are recognized following the cost principles contained in Title 2 U.S. Code of Federal
Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit
Requirements for Federal Awards, wherein certain types of expenditures may or may not be
allowable or may be limited as to reimbursement. The Board has elected not to use the 10-percent
de minimis indirect cost rate as allowed under the Uniform Guidance.
De Minimis Rate Used: N
Rate Explanation: Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such
expenditures are recognized following the cost principles contained in Title 2 U.S. Code of Federal
Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit
Requirements for Federal Awards, wherein certain types of expenditures may or may not be
allowable or may be limited as to reimbursement. The Board has elected not to use the 10-percent
de minimis indirect cost rate as allowed under the Uniform Guidance.
Child Nutrition Program [AL #10.553, #10.555, #10.556, #10.559 and #10.582] expenditures of
federal awards are based on the amount of federal funding received for each of the programs.
Since the amount of total expenditures for the programs exceeds the amount of the federal awards
received, it is presumed that the total received from the federal awards has been expended. The
amount of expenditures funded by meal sales, sponsor’s contributions and state matching funds
for these programs has not been included in the Schedule of Expenditures of Federal Awards.
Title: Note 4 – Donated Food Value
Accounting Policies: Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such
expenditures are recognized following the cost principles contained in Title 2 U.S. Code of Federal
Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit
Requirements for Federal Awards, wherein certain types of expenditures may or may not be
allowable or may be limited as to reimbursement. The Board has elected not to use the 10-percent
de minimis indirect cost rate as allowed under the Uniform Guidance.
De Minimis Rate Used: N
Rate Explanation: Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such
expenditures are recognized following the cost principles contained in Title 2 U.S. Code of Federal
Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit
Requirements for Federal Awards, wherein certain types of expenditures may or may not be
allowable or may be limited as to reimbursement. The Board has elected not to use the 10-percent
de minimis indirect cost rate as allowed under the Uniform Guidance.
Donated food represents surplus agricultural commodities received from the U.S. Department of
Agriculture passed through from the West Virginia Department of Agriculture. Commodities are
valued based on amounts as established by the U.S. Department of Agriculture. For the year
ended June 30, 2023, the total value of the donated food inventories was $214,441 which is
included in the Child Nutrition Cluster of programs.