Notes to SEFA
Title: SUBRECIPIENTS
Accounting Policies: Expenditures reported on the Schedule are reported on the modified accrual basis of accounting. Suchexpenditures are recognized following the cost principles contained in the Uniform Guidance, whereincertain types of expenditures are not allowable or limited as to reimbursement.
Matching costs (the District’s share of certain program costs) are not included in the reported expenditures.
Pass-through numbers are presented where available.
The amounts reported as federal expenditures were obtained from the federal financial reports for theapplicable program and periods. The amounts reported in these reports are prepared from recordsmaintained for each program, which are reconciled with the District’s financial reporting system.
Non-cash assistance is reported in the schedule at the fair market value of commodities received, which isprovided by New York State under the National School Lunch Program.
De Minimis Rate Used: N
Rate Explanation: Amityville Union Free School District has not elected to use the 10% de minimis indirect cost rate allowedunder the Uniform Guidance.
No amounts were provided to subrecipients.
Title: OTHER DISCLOSURES
Accounting Policies: Expenditures reported on the Schedule are reported on the modified accrual basis of accounting. Suchexpenditures are recognized following the cost principles contained in the Uniform Guidance, whereincertain types of expenditures are not allowable or limited as to reimbursement.
Matching costs (the District’s share of certain program costs) are not included in the reported expenditures.
Pass-through numbers are presented where available.
The amounts reported as federal expenditures were obtained from the federal financial reports for theapplicable program and periods. The amounts reported in these reports are prepared from recordsmaintained for each program, which are reconciled with the District’s financial reporting system.
Non-cash assistance is reported in the schedule at the fair market value of commodities received, which isprovided by New York State under the National School Lunch Program.
De Minimis Rate Used: N
Rate Explanation: Amityville Union Free School District has not elected to use the 10% de minimis indirect cost rate allowedunder the Uniform Guidance.
No insurance is carried specifically to cover equipment purchased with federal funds. Equipment purchasedwith federal funds is covered by the District’s casualty insurance policies.
There were no loans or loan guarantees outstanding at year end.
Title: DISASTER GRANTS – PUBLIC ASSISTANCE
Accounting Policies: Expenditures reported on the Schedule are reported on the modified accrual basis of accounting. Suchexpenditures are recognized following the cost principles contained in the Uniform Guidance, whereincertain types of expenditures are not allowable or limited as to reimbursement.
Matching costs (the District’s share of certain program costs) are not included in the reported expenditures.
Pass-through numbers are presented where available.
The amounts reported as federal expenditures were obtained from the federal financial reports for theapplicable program and periods. The amounts reported in these reports are prepared from recordsmaintained for each program, which are reconciled with the District’s financial reporting system.
Non-cash assistance is reported in the schedule at the fair market value of commodities received, which isprovided by New York State under the National School Lunch Program.
De Minimis Rate Used: N
Rate Explanation: Amityville Union Free School District has not elected to use the 10% de minimis indirect cost rate allowedunder the Uniform Guidance.
Expenditures for the Federal Emergency Management (FEMA) grants are recognized on the Schedule ofFederal Awards (schedule) in the year the related project worksheet is approved by the oversight agency orthe year expended, whichever is later. The $131,762 of expenditures recorded on the June 30, 2023 scheduleare related to project worksheets connected to Emergency Protective Measures for COVID-19.