Audit 307383

Title: 1 Accounting Policies: NOTE 1 - BASIS OF ACCOUNTING: The Schedule of Expenditures of Federal Awards is prepared on the same basis of accounting as the Darrington School District's financial statements. The 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: NOTE 2 - FEDERAL DE MINIMIS INDIRECT RATE: The Darrington School District has not elected to use the 10-percent de minimus indirect cost rate allowed under the Uniform Guidance. The district used the federal restricted rate of 7.55%. NOTE 1 - BASIS OF ACCOUNTING: The Schedule of Expenditures of Federal Awards is prepared on the same basis of accounting as the Darrington School District's financial statements. The 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.

Title: 2 Accounting Policies: NOTE 1 - BASIS OF ACCOUNTING: The Schedule of Expenditures of Federal Awards is prepared on the same basis of accounting as the Darrington School District's financial statements. The 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: NOTE 2 - FEDERAL DE MINIMIS INDIRECT RATE: The Darrington School District has not elected to use the 10-percent de minimus indirect cost rate allowed under the Uniform Guidance. The district used the federal restricted rate of 7.55%. NOTE 2 - FEDERAL DE MINIMIS INDIRECT RATE: The Darrington School District has not elected to use the 10-percent de minimus indirect cost rate allowed under the Uniform Guidance. The district used the federal restricted rate of 7.55%.

Title: 3 Accounting Policies: NOTE 1 - BASIS OF ACCOUNTING: The Schedule of Expenditures of Federal Awards is prepared on the same basis of accounting as the Darrington School District's financial statements. The 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: NOTE 2 - FEDERAL DE MINIMIS INDIRECT RATE: The Darrington School District has not elected to use the 10-percent de minimus indirect cost rate allowed under the Uniform Guidance. The district used the federal restricted rate of 7.55%. NOTE 3 - PROGRAM COSTS/MATCHING CONTRIBUTIONS: The amounts shown as current year expenses represent only the federal grant portion of the program costs. Entire program costs, including the district’s local matching share, may be more than shown. Such expenditures are recognized following, as applicable, either the cost principles in the OMB Circular A-87, Cost Principles for State, Local, and Indian Tribal Governments, or 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: 4 Accounting Policies: NOTE 1 - BASIS OF ACCOUNTING: The Schedule of Expenditures of Federal Awards is prepared on the same basis of accounting as the Darrington School District's financial statements. The 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: NOTE 2 - FEDERAL DE MINIMIS INDIRECT RATE: The Darrington School District has not elected to use the 10-percent de minimus indirect cost rate allowed under the Uniform Guidance. The district used the federal restricted rate of 7.55%. NOTE 4 - NONCASH AWARDS: The amount of commodities reported on the schedule is the value of commodities distributed to the district during the current year and priced as prescribed by OSPI.

Title: 5 Accounting Policies: NOTE 1 - BASIS OF ACCOUNTING: The Schedule of Expenditures of Federal Awards is prepared on the same basis of accounting as the Darrington School District's financial statements. The 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: NOTE 2 - FEDERAL DE MINIMIS INDIRECT RATE: The Darrington School District has not elected to use the 10-percent de minimus indirect cost rate allowed under the Uniform Guidance. The district used the federal restricted rate of 7.55%. NOTE 5 - SCHOOLWIDE PROGRAMS: The district operates a “schoolwide program” in one elementary building. 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 district in its schoolwide program: Title I (84.010) $167,926; Title II A (84.367) $11,386; and Title IV A (84.424) $11,786.

Title: 6 Accounting Policies: NOTE 1 - BASIS OF ACCOUNTING: The Schedule of Expenditures of Federal Awards is prepared on the same basis of accounting as the Darrington School District's financial statements. The 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: NOTE 2 - FEDERAL DE MINIMIS INDIRECT RATE: The Darrington School District has not elected to use the 10-percent de minimus indirect cost rate allowed under the Uniform Guidance. The district used the federal restricted rate of 7.55%. NOTE 6 - SMALL RURAL SCHOOLS ACHIEVEMENT (SRSA): As allowed by federal regulations, the district expended $36,134 from its Small Rural Schools Achievement (SRSA) Alternative Uses of Funds Program (84.358) for activities of the Student Support and Academic Achievement Enrichment Program (84.424). This amount is reflected in the expenditures for 84.424.