Notes to SEFA
Title: BASIS OF PRESENTATION
Accounting Policies: Expenditures reported on the Schedule are reported on the modified cash basis of accounting. 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 (Uniform Guidance), wherein certain types of expenditures may or may not be allowable
or may be limited as to reimbursement. The District has elected not to use the 10-percent de minimis
indirect cost rate as allowed under the Uniform Guidance.
De Minimis Rate Used: N
Rate Explanation: The School District does not use the de minimis cost rate
The accompanying Schedule of Expenditures of Federal Awards (the Schedule) includes the federal award
activity of York School District No. 12 (the District) under programs of the federal government for the
year ended August 31, 2023. The information on this Schedule is prepared in accordance with the
requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements,
Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Because the Schedule
presents only a selected portion of the operations of the District, it is not intended to and does not
present the financial position, changes in net assets, or cash flows of the District.
Title: FOOD DONATION PROGRAM
Accounting Policies: Expenditures reported on the Schedule are reported on the modified cash basis of accounting. 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 (Uniform Guidance), wherein certain types of expenditures may or may not be allowable
or may be limited as to reimbursement. The District has elected not to use the 10-percent de minimis
indirect cost rate as allowed under the Uniform Guidance.
De Minimis Rate Used: N
Rate Explanation: The School District does not use the de minimis cost rate
The District reports commodities consumed on the Schedule at fair value. The District allocated donated
food commodities to the school nutrition program that benefitted from the use of those donated food
commodities.
Title: PASS-THROUGH SUB-RECIPIENTS
Accounting Policies: Expenditures reported on the Schedule are reported on the modified cash basis of accounting. 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 (Uniform Guidance), wherein certain types of expenditures may or may not be allowable
or may be limited as to reimbursement. The District has elected not to use the 10-percent de minimis
indirect cost rate as allowed under the Uniform Guidance.
De Minimis Rate Used: N
Rate Explanation: The School District does not use the de minimis cost rate
The District did not pass-through any federal awards to sub-recipients.