Notes to SEFA
Title: Noncash Awards - Commodities
Accounting Policies: Expenditures reported on the Schedule are reported on the current finanical resource measurement focus and the modified accrual basis of accounting. Such expenditures are recogniz3ed following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowavle or are limted as to reimbursement. Negative amounts shown o the schedule represent adjustments or credits made in the normal course of business to amounts reported as expenditures in the previous year.
De Minimis Rate Used: N
Rate Explanation: The distrist has not elected to use the 10% de minimis indirect cost rate under the Uniform Guidance.
The amount of donated commodities reported on the schedule is the value of donated commodities received by the district and reported under the COVID-19 Summer food service program for children CFDA# 10.559. The value of the commodities received during the fiscal year was $95,119.
Title: Program Costs
Accounting Policies: Expenditures reported on the Schedule are reported on the current finanical resource measurement focus and the modified accrual basis of accounting. Such expenditures are recogniz3ed following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowavle or are limted as to reimbursement. Negative amounts shown o the schedule represent adjustments or credits made in the normal course of business to amounts reported as expenditures in the previous year.
De Minimis Rate Used: N
Rate Explanation: The distrist has not elected to use the 10% de minimis indirect cost rate under the Uniform Guidance.
Expenditures reported on the Schedule are reported on the modified accural basis of accounting. Entire program costs, including the district's portion, are more than shown. Such expenditures are recognized following the cost principles contained in the Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards, wherein certain types of expenditures are not allowed or are limited as to its reimbursements.