Notes to SEFA
Title: NOTE 1 – BASIS OF ACCOUNTING
Accounting Policies: GAAP
De Minimis Rate Used: Y
Rate Explanation: The District has elected to use the 10-percent de minimis indirect cost rate
allowed under the Uniform Guidance.
This schedule is prepared on the same basis of accounting as the District’s financial statements. The District reports its financial information in a form which complies with the pronouncements of the Governmental Accounting Standards Board and the “Audit and Accounting Guide for Healthcare Organizations” of the
American Institute of Certified Public Accountants.
Title: NOTE 2 – FEDERAL DE MINIMIS INDIRECT COST RATE
Accounting Policies: GAAP
De Minimis Rate Used: Y
Rate Explanation: The District has elected to use the 10-percent de minimis indirect cost rate
allowed under the Uniform Guidance.
The District has elected to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance.
Title: NOTE 3 – NONCASH AWARDS - VACCINATIONS
Accounting Policies: GAAP
De Minimis Rate Used: Y
Rate Explanation: The District has elected to use the 10-percent de minimis indirect cost rate
allowed under the Uniform Guidance.
The amount of vaccine reported on the schedule is the value of vaccines received by the District during the current year and priced as prescribed by the Washington State Department of Health.
Title: NOTE 4 – PROGRAM COSTS
Accounting Policies: GAAP
De Minimis Rate Used: Y
Rate Explanation: The District has elected to use the 10-percent de minimis indirect cost rate
allowed under the Uniform Guidance.
The amounts shown as current year expenditures represent only the federal grant portion of the program costs. Entire program costs, including the District’s portion, may be more than shown.
Title: NOTE 5 – FEMA GRANT 97.036
Accounting Policies: GAAP
De Minimis Rate Used: Y
Rate Explanation: The District has elected to use the 10-percent de minimis indirect cost rate
allowed under the Uniform Guidance.
The amount reported on the schedule for FEMA grant (CFDA# 97.036) was for expenditures incurred from March 2020 to July 1, 2022. The District reported the amount in fiscal year ended June 30, 2023 as the subaward agreements with University of Washington was executed during fiscal year 2023.