Notes to SEFA
Title: NOTE 3 - NONCASH AWARDS
Accounting Policies: This Schedule is prepared on the same basis of accounting as the Lake Chelan School District’s financial statements. The Lake Chelan 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: The Lake Chelan School District has not elected to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance
The amount of commodities reported on the schedule is the value of commodities distributed by the Lake Chelan School Distsrict during the current year and priced as prescribed by OSPI Child Nutrition.
Title: NOTE 4 - SCHOOLWIDE PROGRAMS
Accounting Policies: This Schedule is prepared on the same basis of accounting as the Lake Chelan School District’s financial statements. The Lake Chelan 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: The Lake Chelan School District has not elected to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance
The Lake Chelan School District operates a “schoolwide program” in one elementary buildings. Using federal funding, schoolwide programs are designed to upgrade an entire educational program within a school for all students, rather than limit services to certain targeted students.
The following federal program amounts were expended by the Lake Chelan School District in its schoolwide program: Title I (84.010) $255,020; Title II (84.367) $ 28,931.98