Notes to SEFA
Title: REPORTING ENTITY
Accounting Policies: The Woodland Hills School District (the "School District") is the reporting entity for
financial reporting purposes as defined in Note 1 to the School District's financial
statements.
De Minimis Rate Used: N
Rate Explanation: The entity did not use the de minimus cost rate
The Woodland Hills School District (the "School District") is the reporting entity for
financial reporting purposes as defined in Note 1 to the School District's financial
statements.
Title: BASIS OF ACCOUNTING
Accounting Policies: The Woodland Hills School District (the "School District") is the reporting entity for
financial reporting purposes as defined in Note 1 to the School District's financial
statements.
De Minimis Rate Used: N
Rate Explanation: The entity did not use the de minimus cost rate
The accompanying schedule of expenditures of federal awards has been prepared on the
basis of accounting practices prescribed or permitted by the Manual of Accounting and
Related Financial Procedures for Pennsylvania School Systems, issued by the
Pennsylvania Department of Education. These practices, as they apply to the School
District, are in conformity with U.S. generally accepted accounting principles. The District
did not use the 10% de minimis indirect cost rate.