Title: NOTE 1—BASIS OF ACCOUNTING
Accounting Policies: This Schedule is prepared on the same basis of accounting as the 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: The district has not elected to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance. The
district used the federal restricted/unrestricted) rates as follows:
Federal Restricted Rate: 4.28%
Federal Unrestricted Rate: 15.43%
This Schedule is prepared on the same basis of accounting as the 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: NOTE 2—FEDERAL DE MINIMIS INDIRECT RATE
Accounting Policies: This Schedule is prepared on the same basis of accounting as the 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: The district has not elected to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance. The
district used the federal restricted/unrestricted) rates as follows:
Federal Restricted Rate: 4.28%
Federal Unrestricted Rate: 15.43%
The district has not elected to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance. The
district used the federal restricted/unrestricted) rates as follows:
Federal Restricted Rate: 4.28%
Federal Unrestricted Rate: 15.43%
Title: NOTE 3—PROGRAM COSTS/MATCHING CONTRIBUTIONS
Accounting Policies: This Schedule is prepared on the same basis of accounting as the 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: The district has not elected to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance. The
district used the federal restricted/unrestricted) rates as follows:
Federal Restricted Rate: 4.28%
Federal Unrestricted Rate: 15.43%
The amounts shown as current year expenses represent only the federal award 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, 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: NOTE 4—NONCASH AWARDS
Accounting Policies: This Schedule is prepared on the same basis of accounting as the 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: The district has not elected to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance. The
district used the federal restricted/unrestricted) rates as follows:
Federal Restricted Rate: 4.28%
Federal Unrestricted Rate: 15.43%
The amounts of $125531.79 of USDA commodities, and $23,550 reported on this schedule are USDA Commodoties and PPE
distributed by the district during the current year and priced as perscribed by OSPI.
Title: NOTE 5—SCHOOLWIDE PROGRAMS
Accounting Policies: This Schedule is prepared on the same basis of accounting as the 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: The district has not elected to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance. The
district used the federal restricted/unrestricted) rates as follows:
Federal Restricted Rate: 4.28%
Federal Unrestricted Rate: 15.43%
The District operates a “schoolwide program” in three elementary buildings. 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: IDEA B
(84.027) = $381,209; IDEA Safety Net (84.173) = $41377, and Title I (84.010) = $615,066.
Title: NOTE 6—TRANSFERABILITY
Accounting Policies: This Schedule is prepared on the same basis of accounting as the 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: The district has not elected to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance. The
district used the federal restricted/unrestricted) rates as follows:
Federal Restricted Rate: 4.28%
Federal Unrestricted Rate: 15.43%
As allowed by federal regulations, the district elected to transfer program funds. The district expended $55,391 from its
Title IV, Part A Grants (84.424) on allowable activities of the Title I, Part A Grants to Local Educational Agencies (84.010).
This amount is reflected in the expenditures of Title I, Part A Grants to Local Educational Agencies (84.010).
Title: NOTE 7—FISCAL AGENT (EDUCATION FOR HOMELESS CHILDREN & YOUTH)
Accounting Policies: This Schedule is prepared on the same basis of accounting as the 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: The district has not elected to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance. The
district used the federal restricted/unrestricted) rates as follows:
Federal Restricted Rate: 4.28%
Federal Unrestricted Rate: 15.43%
The District served as the Fiscal Agent for the Education for Homeless Children & Youth Program for Whatcom County
School Districts in 2022/2023. The pass-through amount reflects reimbursements made to five (5) Districts.