Notes to SEFA
Title: NOTE A - ORGANIZATION AND SCOPE
Accounting Policies: The accompanying schedule of expenditures of federal awards is presented using the modified accrual basis of accounting, which is described in Note B to the School’s basic financial statements.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
The federal programs as listed in the schedule of expenditures of federal awards are accounted for by the School in the General Fund for U.S. Department of Education programs and in the Food Service Fund for U.S. Department of Agriculture programs.
Title: NOTE C - PROGRAM DISCLOSURES
Accounting Policies: The accompanying schedule of expenditures of federal awards is presented using the modified accrual basis of accounting, which is described in Note B to the School’s basic financial statements.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
.S. Department of Education - Funds passed through the Pennsylvania Department of Education under Title I are used primarily to provide education to economically disadvantaged children. Funds received under other grants are used to support instructional programs.