Notes to SEFA
Title: NOTE 1—BASIS OF ACCOUNTING
Accounting Policies: This Schedule is prepared on the same basis of accounting as the Tumwater
School District’s financial statements. The Tumwater School District uses the
modified accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: The Tumwater School District has not elected to use the 10‐percent de minimis
indirect cost rate allowed under the Uniform Guidance. The Tumwater School
District used the federal rate of 2.36 / 16.43%.
This Schedule is prepared on the same basis of accounting as the Tumwater
School District’s financial statements. The Tumwater School District uses the
modified accrual basis of accounting.
Title: NOTE 2—FEDERAL DE MINIMIS INDIRECT RATE
Accounting Policies: This Schedule is prepared on the same basis of accounting as the Tumwater
School District’s financial statements. The Tumwater School District uses the
modified accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: The Tumwater School District has not elected to use the 10‐percent de minimis
indirect cost rate allowed under the Uniform Guidance. The Tumwater School
District used the federal rate of 2.36 / 16.43%.
The Tumwater School District has not elected to use the 10‐percent de minimis
indirect cost rate allowed under the Uniform Guidance. The Tumwater School
District used the federal rate of 2.36 / 16.43%.
Title: NOTE 3—FEDERAL DE MINIMIS INDIRECT RATE
Accounting Policies: This Schedule is prepared on the same basis of accounting as the Tumwater
School District’s financial statements. The Tumwater School District uses the
modified accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: The Tumwater School District has not elected to use the 10‐percent de minimis
indirect cost rate allowed under the Uniform Guidance. The Tumwater School
District used the federal rate of 2.36 / 16.43%.
The Tumwater School District has not elected to use the 10‐percent de minimis
indirect cost rate allowed under the Uniform Guidance. The Tumwater School
District used the federal rate of 7.36 %.
Title: NOTE 4—FEDERAL DE MINIMIS INDIRECT RATE
Accounting Policies: This Schedule is prepared on the same basis of accounting as the Tumwater
School District’s financial statements. The Tumwater School District uses the
modified accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: The Tumwater School District has not elected to use the 10‐percent de minimis
indirect cost rate allowed under the Uniform Guidance. The Tumwater School
District used the federal rate of 2.36 / 16.43%.
The Tumwater School District has not elected to use the 10‐percent de minimis
indirect cost rate allowed under the Uniform Guidance. The Tumwater School
District used the federal rate of 6.7 %.
Title: NOTE 5—PROGRAM COSTS/MATCHING CONTRIBUTIONS
Accounting Policies: This Schedule is prepared on the same basis of accounting as the Tumwater
School District’s financial statements. The Tumwater School District uses the
modified accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: The Tumwater School District has not elected to use the 10‐percent de minimis
indirect cost rate allowed under the Uniform Guidance. The Tumwater School
District used the federal rate of 2.36 / 16.43%.
The amounts shown as current year expenses represent only the federal award
portion of the program costs. Entire program costs, including the Tumwater
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 6—NONCASH AWARDS
Accounting Policies: This Schedule is prepared on the same basis of accounting as the Tumwater
School District’s financial statements. The Tumwater School District uses the
modified accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: The Tumwater School District has not elected to use the 10‐percent de minimis
indirect cost rate allowed under the Uniform Guidance. The Tumwater School
District used the federal rate of 2.36 / 16.43%.
The amount of food commodities reported on the schedule is the value of
commodities distributed by the Tumwater School District during the current year
and priced as prescribed by USDA.
Title: NOTE 7—SCHOOLWIDE PROGRAMS
Accounting Policies: This Schedule is prepared on the same basis of accounting as the Tumwater
School District’s financial statements. The Tumwater School District uses the
modified accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: The Tumwater School District has not elected to use the 10‐percent de minimis
indirect cost rate allowed under the Uniform Guidance. The Tumwater School
District used the federal rate of 2.36 / 16.43%.
The Tumwater School District operates a “schoolwide program” in three
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 Tumwater School District in its schoolwide
program: Title I (84.010) $ 919,896.45.