Notes to SEFA
Accounting Policies: The Schedule of Expenditures of Federal Awards is prepared on the same basis of accounting as the North Central Educational Service District #171's financial statements. The District uses the 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 district has not elected to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance. The District used the federal restricted rate of 7.16% and the federal unrestricted rate of 13.94%.