Notes to SEFA
Title: Note A Scope of Schedule
Accounting Policies: Modified accrual method of accounting
De Minimis Rate Used: N
Rate Explanation: Did not utilize
The schedule of expenditures of federal awards reflects federal expenditures for all individual grants which were active during the fiscal year.
Title: Note B Basis of Accounting
Accounting Policies: Modified accrual method of accounting
De Minimis Rate Used: N
Rate Explanation: Did not utilize
The District uses the modified accrual method of recording transactions except as noted for the accounting of donated commodities in Note C. Revenues are recorded when measurable and available. Expenditures are recorded when incurred.
Title: Note C Nonmonetary Federal Awards - Donated Foods
Accounting Policies: Modified accrual method of accounting
De Minimis Rate Used: N
Rate Explanation: Did not utilize
The Commonwealth of Pennsylvania distributes federal surplus food to institutions (schools, hospitals, and prisons) and to the needy. Expenditures reported in the schedule of expenditures of federal awards under ALN 10.555 include surplus food consumed by the District during the 2022-2023 fiscal year.
Title: Note D Indirect Cost Rate
Accounting Policies: Modified accrual method of accounting
De Minimis Rate Used: N
Rate Explanation: Did not utilize
The District has not elected to use the 10 percent de minimis indirect cost rate allowed under the Uniform Guidance. For the year ended June 30, 2023, there were no indirect costs included in the schedule of expenditures of federal awards.