Title: BASIS OF PRESENTATION
Accounting Policies: Expenditures reported on the Schedule are reported on the modified accrual basis of accounting.
Such expenditures are recognized following the cost principles contained in the Uniform
Guidance, wherein certain types of expenditures are not allowable or are limited as to
reimbursement. The amounts reported as federal expenditures were obtained from the federal
financial reports for the applicable program and periods. The amounts reported in these reports
are prepared from records maintained for each program, which are reconciled with the District’s
financial reporting system. Negative amounts (if any) shown on the Schedule represent
adjustments or credits made in the normal course of business to amounts reported as
expenditures in prior years.
Matching costs (the District’s share of certain program costs) are not included in the reported
expenditures.
Non-monetary assistance is reported in the Schedule
De Minimis Rate Used: N
Rate Explanation: The Uniondale Union Free School District has elected not to use the 10% de minimis indirect cost
rate allowed under the Uniform Guidance.
The accompanying schedule of expenditures of federal awards (the “Schedule”) includes the
federal award activity of the Uniondale Union Free School District (the “District”) under programs
of the federal government for the year ended June 30, 2024. The information in this Schedule is
presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations Part
200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal
Awards (“Uniform Guidance”). Because the Schedule presents only a selected portion of the
operations of the District, it is not intended to and does not present the financial position or
changes in fund balance of the District.
Title: BASIS OF ACCOUNTING
Accounting Policies: Expenditures reported on the Schedule are reported on the modified accrual basis of accounting.
Such expenditures are recognized following the cost principles contained in the Uniform
Guidance, wherein certain types of expenditures are not allowable or are limited as to
reimbursement. The amounts reported as federal expenditures were obtained from the federal
financial reports for the applicable program and periods. The amounts reported in these reports
are prepared from records maintained for each program, which are reconciled with the District’s
financial reporting system. Negative amounts (if any) shown on the Schedule represent
adjustments or credits made in the normal course of business to amounts reported as
expenditures in prior years.
Matching costs (the District’s share of certain program costs) are not included in the reported
expenditures.
Non-monetary assistance is reported in the Schedule
De Minimis Rate Used: N
Rate Explanation: The Uniondale Union Free School District has elected not to use the 10% de minimis indirect cost
rate allowed under the Uniform Guidance.
Expenditures reported on the Schedule are reported on the modified accrual basis of accounting.
Such expenditures are recognized following the cost principles contained in the Uniform
Guidance, wherein certain types of expenditures are not allowable or are limited as to
reimbursement. The amounts reported as federal expenditures were obtained from the federal
financial reports for the applicable program and periods. The amounts reported in these reports
are prepared from records maintained for each program, which are reconciled with the District’s
financial reporting system. Negative amounts (if any) shown on the Schedule represent
adjustments or credits made in the normal course of business to amounts reported as
expenditures in prior years.
Matching costs (the District’s share of certain program costs) are not included in the reported
expenditures.
Non-monetary assistance is reported in the Schedule at the fair market value of commodities
received, which is provided by New York State.
Title: INDIRECT COSTS
Accounting Policies: Expenditures reported on the Schedule are reported on the modified accrual basis of accounting.
Such expenditures are recognized following the cost principles contained in the Uniform
Guidance, wherein certain types of expenditures are not allowable or are limited as to
reimbursement. The amounts reported as federal expenditures were obtained from the federal
financial reports for the applicable program and periods. The amounts reported in these reports
are prepared from records maintained for each program, which are reconciled with the District’s
financial reporting system. Negative amounts (if any) shown on the Schedule represent
adjustments or credits made in the normal course of business to amounts reported as
expenditures in prior years.
Matching costs (the District’s share of certain program costs) are not included in the reported
expenditures.
Non-monetary assistance is reported in the Schedule
De Minimis Rate Used: N
Rate Explanation: The Uniondale Union Free School District has elected not to use the 10% de minimis indirect cost
rate allowed under the Uniform Guidance.
The Uniondale Union Free School District has elected not to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance.
Title: SUBRECIPIENTS
Accounting Policies: Expenditures reported on the Schedule are reported on the modified accrual basis of accounting.
Such expenditures are recognized following the cost principles contained in the Uniform
Guidance, wherein certain types of expenditures are not allowable or are limited as to
reimbursement. The amounts reported as federal expenditures were obtained from the federal
financial reports for the applicable program and periods. The amounts reported in these reports
are prepared from records maintained for each program, which are reconciled with the District’s
financial reporting system. Negative amounts (if any) shown on the Schedule represent
adjustments or credits made in the normal course of business to amounts reported as
expenditures in prior years.
Matching costs (the District’s share of certain program costs) are not included in the reported
expenditures.
Non-monetary assistance is reported in the Schedule
De Minimis Rate Used: N
Rate Explanation: The Uniondale Union Free School District has elected not to use the 10% de minimis indirect cost
rate allowed under the Uniform Guidance.
No amounts were provided to subrecipients.
Title: OTHER DISCLOSURES
Accounting Policies: Expenditures reported on the Schedule are reported on the modified accrual basis of accounting.
Such expenditures are recognized following the cost principles contained in the Uniform
Guidance, wherein certain types of expenditures are not allowable or are limited as to
reimbursement. The amounts reported as federal expenditures were obtained from the federal
financial reports for the applicable program and periods. The amounts reported in these reports
are prepared from records maintained for each program, which are reconciled with the District’s
financial reporting system. Negative amounts (if any) shown on the Schedule represent
adjustments or credits made in the normal course of business to amounts reported as
expenditures in prior years.
Matching costs (the District’s share of certain program costs) are not included in the reported
expenditures.
Non-monetary assistance is reported in the Schedule
De Minimis Rate Used: N
Rate Explanation: The Uniondale Union Free School District has elected not to use the 10% de minimis indirect cost
rate allowed under the Uniform Guidance.
No insurance is carried specifically to cover equipment purchased with federal funds. Any
equipment purchased with federal funds has only a nominal value, and is covered by the District’s
casualty insurance policies.
There were no loans or loan guarantees outstanding at year end.
Title: MAJOR PROGRAM DETERMINATION
Accounting Policies: Expenditures reported on the Schedule are reported on the modified accrual basis of accounting.
Such expenditures are recognized following the cost principles contained in the Uniform
Guidance, wherein certain types of expenditures are not allowable or are limited as to
reimbursement. The amounts reported as federal expenditures were obtained from the federal
financial reports for the applicable program and periods. The amounts reported in these reports
are prepared from records maintained for each program, which are reconciled with the District’s
financial reporting system. Negative amounts (if any) shown on the Schedule represent
adjustments or credits made in the normal course of business to amounts reported as
expenditures in prior years.
Matching costs (the District’s share of certain program costs) are not included in the reported
expenditures.
Non-monetary assistance is reported in the Schedule
De Minimis Rate Used: N
Rate Explanation: The Uniondale Union Free School District has elected not to use the 10% de minimis indirect cost
rate allowed under the Uniform Guidance.
The District was deemed to be a “low-risk auditee”, therefore, major programs were determined
based on 20% of total federal award expenditures.