Notes to SEFA
Title: 1. Basis of Presentation
Accounting Policies: Cash Basis (Regulatory) of Accounting
De Minimis Rate Used: N
Rate Explanation: The Auditee did not use the de minimis cost rate.
The accompanying Schedule of Expenditures of Federal Awards includes the federal grant activity of DuQuoin Community Unit School District #300 and is presented on the cash (regulatory) basis of accounting. The information in this schedule is presented in accordance with the requirements of the Office of Management and Budget Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards. Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of, the basic financial statements.
Title: 2. Indirect Facilities & Administrative Costs
Accounting Policies: Cash Basis (Regulatory) of Accounting
De Minimis Rate Used: N
Rate Explanation: The Auditee did not use the de minimis cost rate.
The auditee did not use 10% de minimus Cost Rate
Title: 3. Subrecipients
Accounting Policies: Cash Basis (Regulatory) of Accounting
De Minimis Rate Used: N
Rate Explanation: The Auditee did not use the de minimis cost rate.
DuQuoin Community Unit School District #300 provided no federal awards to recipients.
Title: 4. Non-Cash Assistance
Accounting Policies: Cash Basis (Regulatory) of Accounting
De Minimis Rate Used: N
Rate Explanation: The Auditee did not use the de minimis cost rate.
The following amounts were expended in the form of non cash assistance by the DuQuoin Community Unit School District #300 and should be included in the Schedule of Expenditures of Federal Awards: Non Cash Commodities (AL 10.555) $61,740, and Department of Defense Fresh Fruits and Vegetables $32,308, TOTAL $94,048.
Title: 5. Other Information
Accounting Policies: Cash Basis (Regulatory) of Accounting
De Minimis Rate Used: N
Rate Explanation: The Auditee did not use the de minimis cost rate.
No insurance coverage in effect paid with Federal Funds