Notes to SEFA
Title: Note 3- Program Costs
Accounting Policies: This Schedule is prepared on the same basis of accounting as the District’s financial statements. The District uses the cash basis of accounting as applied to governmental units.
De Minimis Rate Used: Y
Rate Explanation: The District has elected to use the 10-percent de minimus indirect cost rate under the Uniformed Guidance.
The amounts shown as current year expenditures represent only the federal grant portion of the program costs. Entire program costs, including the District’s portion, are more than shown.