Audit 308076

Title: Pass Through Funds Accounting Policies: This schedule is presented on the accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of the basic financial statements. De Minimis Rate Used: N Rate Explanation: The District did not elect to use the 10 percent de minimis cost rate as allowed under the Uniform Guidance. The District did not pass through any funds to subrecipients.

Title: Disaster Grants - Public Assistance Funds Accounting Policies: This schedule is presented on the accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of the basic financial statements. De Minimis Rate Used: N Rate Explanation: The District did not elect to use the 10 percent de minimis cost rate as allowed under the Uniform Guidance. The District received a total of $2,256,664 in federal Disaster Grants - Public Assistance funding during the year ended December 31, 2023. Per program guidance, expenditures are reported on the schedule of expenditures of federal awards (SEFA) when the project has been approved by FEMA and the expenditures have been incurred. The expenditures reported on the 2023 SEFA for this grant include $1,245,837 of payroll, equipment, materials, and contractor expenditures incurred in the year ended December 31, 2022, that were approved by FEMA during the year ended December 31, 2023. As of December 31, 2023, the District has received $729,434 of grant funding for projects that have not been completed and approved by FEMA and are therefore not reported on the SEFA for the year ended December 31, 2023.