Notes to SEFA
Title: Note 3 - Program Costs/Matching Contributions
Accounting Policies: This Schedule is prepared on the same basis of accounting as the Port Angeles School District’s financial statements. Port Angeles School District uses the modified accrual basis of accounting. Expenditures represent only the federally funded portions of the program. District records should be consulted to determine amounts expended or matched from non-federal sources.
De Minimis Rate Used: N
Rate Explanation: Port Angeles School District has not elected to use the 10-percent de minimis indirect cost rate allowed under Uniform Guidance. The Port Angeles School District used the federal unrestricted indirect rate of 13.17% and restricted indirect rate of 4.52%.
The amounts shown as current year expenses represent only the federal award portion of the program costs. Entire program costs, including Port Angeles School District’s local matching share, may be more than shown. 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 are not allowable or are limited as to reimbursement.
Title: Note 4 - Noncash Awards
Accounting Policies: This Schedule is prepared on the same basis of accounting as the Port Angeles School District’s financial statements. Port Angeles School District uses the modified accrual basis of accounting. Expenditures represent only the federally funded portions of the program. District records should be consulted to determine amounts expended or matched from non-federal sources.
De Minimis Rate Used: N
Rate Explanation: Port Angeles School District has not elected to use the 10-percent de minimis indirect cost rate allowed under Uniform Guidance. The Port Angeles School District used the federal unrestricted indirect rate of 13.17% and restricted indirect rate of 4.52%.
The amount of commodities reported on the schedule is the value of $97,599 distributed by the Port Angeles School District during the current year and priced as prescribed by the USDA National School Lunch Program.
Title: Note 5 - Schoolwide Programs
Accounting Policies: This Schedule is prepared on the same basis of accounting as the Port Angeles School District’s financial statements. Port Angeles School District uses the modified accrual basis of accounting. Expenditures represent only the federally funded portions of the program. District records should be consulted to determine amounts expended or matched from non-federal sources.
De Minimis Rate Used: N
Rate Explanation: Port Angeles School District has not elected to use the 10-percent de minimis indirect cost rate allowed under Uniform Guidance. The Port Angeles School District used the federal unrestricted indirect rate of 13.17% and restricted indirect rate of 4.52%.
The Port Angeles School District operates a “school wide program” in five elementary buildings. Using federal funding, schoolwide programs are designed to upgrade an entire educational program within a school for all students, rather then limit services to certain targeted students. The following federal program amounts were expended by Port Angeles School District in its schoolwide program: Title 1 (84.010) $1,448,009.00