Audit 333023

Title: BASIS OF PRESENTATION Accounting Policies: The schedule of expenditures of federal awards is prepared on the cash basis of accounting which is a comprehensive basis of accounting other than accounting principles generally accepted in the United States of America. Accordingly, disbursements are recognized when cash is disbursed. This basis of accounting is consistent with the method utilized for the basic financial statements of Educational Service Unit No. 13. De Minimis Rate Used: N Rate Explanation: Educational Service Unit No. 13 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 Educational Service Unit No. 13 under programs of the federal government for the year ended August 31, 2024. The information in this schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations (CFR) 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 Educational Service Unit No. 13 it is not intended to and does not present the financial position, changes in net position, or cash flows of Educational Service Unit No. 13. The accompanying schedule of expenditures of federal awards is prepared on the basis of cash receipts and disbursements. Accordingly, receipts are recognized when cash is received and disbursements are recognized when cash is disbursed. Such expenditures are recognized following the cost principles contained in Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement.

Title: SUBRECIPIENTS Accounting Policies: The schedule of expenditures of federal awards is prepared on the cash basis of accounting which is a comprehensive basis of accounting other than accounting principles generally accepted in the United States of America. Accordingly, disbursements are recognized when cash is disbursed. This basis of accounting is consistent with the method utilized for the basic financial statements of Educational Service Unit No. 13. De Minimis Rate Used: N Rate Explanation: Educational Service Unit No. 13 has elected not to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance. Educational Service Unit No. 13 provided no federal awards to subrecipients.