Notes to SEFA
Accounting Policies: proprietary funds and the modified accrual basis of accounting for governmental funds. 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. Negative amounts shown on the schedule represent adjustments or credits made in the normal course of business to amounts reported as expenditures in prior years.
De Minimis Rate Used: Y
Rate Explanation: The District has elected to use indirect cost rates as defined by the grantor in the following programs:
- Child Nutrition Cluster
- Innovative Approaches to Literacy
- Project Prevent Program
- STOP School Violence Program
- Perkins Innovation and Modernization Grant Program
- Disability Innovation Fund