Title: Note 1: Basis of Presentation
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards includes the federal grant activity of Anna Community Consolidated School District #37 and is presented on the cash basis of accounting. The information in this schedule is presented in accordance with the requirements of the Office of Management and Budget Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards. Therefore, some amounts presented i n this schedule may differ from amounts presented in, or used in the prearation of, the regulatory basis financial statements.
De Minimis Rate Used: N
Rate Explanation: The District has elected not to use the 10% de minimis cost rate as allowed under Uniform Guidance.
The accompanying Schedule of Expenditures of Federal Awards includes the federal grant activity of Anna Community Consolidated School District #37 and is presented on the cash basis of accounting. The information in this schedule is presented in accordance with the requirements of the Office of Management and Budget Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards. Therefore, some amounts presented i n this schedule may differ from amounts presented in, or used in the prearation of, the regulatory basis financial statements.
Title: Note 2: Indirect Facilities & Administration costs
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards includes the federal grant activity of Anna Community Consolidated School District #37 and is presented on the cash basis of accounting. The information in this schedule is presented in accordance with the requirements of the Office of Management and Budget Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards. Therefore, some amounts presented i n this schedule may differ from amounts presented in, or used in the prearation of, the regulatory basis financial statements.
De Minimis Rate Used: N
Rate Explanation: The District has elected not to use the 10% de minimis cost rate as allowed under Uniform Guidance.
The District has elected not to use the 10% de minimis cost rate as allowed under Uniform Guidance.
Title: Note 3: Subrecipients
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards includes the federal grant activity of Anna Community Consolidated School District #37 and is presented on the cash basis of accounting. The information in this schedule is presented in accordance with the requirements of the Office of Management and Budget Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards. Therefore, some amounts presented i n this schedule may differ from amounts presented in, or used in the prearation of, the regulatory basis financial statements.
De Minimis Rate Used: N
Rate Explanation: The District has elected not to use the 10% de minimis cost rate as allowed under Uniform Guidance.
The District did not provide any federal awards to subrecipients.
Title: Note 4: Non-Cash Assistance
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards includes the federal grant activity of Anna Community Consolidated School District #37 and is presented on the cash basis of accounting. The information in this schedule is presented in accordance with the requirements of the Office of Management and Budget Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards. Therefore, some amounts presented i n this schedule may differ from amounts presented in, or used in the prearation of, the regulatory basis financial statements.
De Minimis Rate Used: N
Rate Explanation: The District has elected not to use the 10% de minimis cost rate as allowed under Uniform Guidance.
The following amounts were expended in the form of non-cash assistance by the District and are included in the Schedule of Expenditures of Federal Awards $ 54,757.
Title: Note 5a: Other Information
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards includes the federal grant activity of Anna Community Consolidated School District #37 and is presented on the cash basis of accounting. The information in this schedule is presented in accordance with the requirements of the Office of Management and Budget Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards. Therefore, some amounts presented i n this schedule may differ from amounts presented in, or used in the prearation of, the regulatory basis financial statements.
De Minimis Rate Used: N
Rate Explanation: The District has elected not to use the 10% de minimis cost rate as allowed under Uniform Guidance.
Insurance coverage in effect paid with Federal funds during the fiscal year: None
Title: Note 5b: Other Information
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards includes the federal grant activity of Anna Community Consolidated School District #37 and is presented on the cash basis of accounting. The information in this schedule is presented in accordance with the requirements of the Office of Management and Budget Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards. Therefore, some amounts presented i n this schedule may differ from amounts presented in, or used in the prearation of, the regulatory basis financial statements.
De Minimis Rate Used: N
Rate Explanation: The District has elected not to use the 10% de minimis cost rate as allowed under Uniform Guidance.
Loans/Loan Guarantees Outstanding at June 30: None
Title: Note 5c: Other Information
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards includes the federal grant activity of Anna Community Consolidated School District #37 and is presented on the cash basis of accounting. The information in this schedule is presented in accordance with the requirements of the Office of Management and Budget Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards. Therefore, some amounts presented i n this schedule may differ from amounts presented in, or used in the prearation of, the regulatory basis financial statements.
De Minimis Rate Used: N
Rate Explanation: The District has elected not to use the 10% de minimis cost rate as allowed under Uniform Guidance.
The District had no Federal grants requiring matching expenditures.