Notes to SEFA
Title: BASIS OF PRESENTATION
Accounting Policies: SEE PAGE 81 OF PDF
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
The accompanying schedule of expenditures of federal awards presents the activity of federal award
programs administered by the District, which is described in Note 1 to the District's accompanying financial
statements, using the modified accrual basis of accounting. Federal awards that are included in the schedule
may be received directly from federal agencies, as well as federal awards that are passed through from other
government agencies. The information is presented 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). Therefore, some amounts presented in this schedule
may differ from amounts presented in, or used in the preparation of, the financial statements.
Indirect costs may be included in the reported expenditures, to the extent that they are included in the federal
financial reports used as the source for the data presented. The District's policy is not to charge federal award
programs with indirect costs.
Matching costs (the District's share of certain program costs) are not included in the reported expenditures.
The basis of accounting varies by federal program consistent with the underlying regulations pertaining to
each program.
The amounts reported as federal expenditures were obtained from the federal financial reports for the
applicable program and periods. The amounts reported in these reports are prepared from records maintained
for each program, which are reconciled with the District's financial reporting system.
Title: NON-CASH ASSISTANCE
Accounting Policies: SEE PAGE 81 OF PDF
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
The District is the recipient of a federal award program that does not result in cash receipts or disbursements.
The District was granted $38,618 of commodities under the Commodity Supplemental Food Program
(Federal Assistance Listing Number 10.555).
Title: OTHER DISCLOSURES
Accounting Policies: SEE PAGE 81 OF PDF
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
No insurance is carried specifically to cover equipment purchased with federal funds. Any equipment
purchased with federal funds has only a nominal value, and is covered by the District's casualty insurance
policies.
There were no loans or loan guarantees outstanding at year-end.