Notes to SEFA
Title: Basis of Accounting
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards has been presented on the accrual basis of acocunting. Expenditures are recorded, accordingly, when incurred rather than when paid.
De Minimis Rate Used: N
Rate Explanation: The School District elected not to use the 10-percent de minimis indirect cost rate as allowed under the Uniform Guidance.
The accompany Schedule fo Expenditures of Federal Awards has been presented on the accrual basis of accounting. Expenditures are recorded, accordingly, when incurred rather than when paid.
The non-cash expenditures of $54,322 reported under CFDA No. 10.555, Value of USDA Commodities (Food Commodities) represent the value of food commodity distributions calculated using the U.S. Department of Agriculture, Food and Nutrition Service Commodity Price List. These food commodities were received from the Pennsylvania Department of Agricutlure, Bureau of Food Districtbution for the year ended June 30, 2023.
Title: Categorization of Expendtiures
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards has been presented on the accrual basis of acocunting. Expenditures are recorded, accordingly, when incurred rather than when paid.
De Minimis Rate Used: N
Rate Explanation: The School District elected not to use the 10-percent de minimis indirect cost rate as allowed under the Uniform Guidance.
The accompanying Schedule of Expenditures of Federal Awards reflects federal expedntiures for all prgroams which were active during the year. The categorization of expenditures included in the accompany Schedule of Expenditures of Federal Awards is based on the Catalog of Federal Domestic Assistance (CFDA). Changes in the categorization of expenditures occur based on revisions to the CFDA, which are issued in June and December of each year.
Title: Additional Information
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards has been presented on the accrual basis of acocunting. Expenditures are recorded, accordingly, when incurred rather than when paid.
De Minimis Rate Used: N
Rate Explanation: The School District elected not to use the 10-percent de minimis indirect cost rate as allowed under the Uniform Guidance.
The School District did not have any sub-recipients or pass through any funds to sub-recipients.
The School District elected not to use the 10-percent de minimis indirect cost rate as allowed under the Uniform Guidance.
The School District had received notice from Pennsylvania Commission on Crime and Delinquency (PCCD) for the School District's June 30, 2022 report regarding incorrect CFDA numbers being assigned to various funds and this error has been corrected for the current Schedule of Expenditures of Federal Awards and all revenues, expenses, deferred and accrued amounts are assigned to the correct CFDA number for the current fiscal year.
Title: Identification of Major Programs
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards has been presented on the accrual basis of acocunting. Expenditures are recorded, accordingly, when incurred rather than when paid.
De Minimis Rate Used: N
Rate Explanation: The School District elected not to use the 10-percent de minimis indirect cost rate as allowed under the Uniform Guidance.
As shown on the accompanying Schedule of Findings and Questioned Costs, the dollar threshold used to distinguish between type A and type B programs were seven hundred and fifty thousand ($750,000) dollars. The District had one major program, Education Stablization Fund, CFDA number 84.425 with total federal expenditures of $3,828,586 which cover 61% of the federal expenditures.