Title: Categorization of Expenditures
Accounting Policies: The accompanying schedule f expenditures of federl awards (the "Schedule") includes the federal award activity of Danville Area School District (the "School District") under programs of the federal government for the year ended June 30, 2023. 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, changes in net position, or cash flows of the District.
The accompanying Schedule has been presented on the accrual basis of accounting. Expenditures are recorded, accordingly, when incurred rather than when paid.
The District has received noncash assistance during the yer ended June 30, 2023 which is incldued in the Schedule of Expenditures of Federal Awards.
De Minimis Rate Used: N
Rate Explanation: The school district has not elected to use the 10% de minimis indirect cost rate as allowed in the Uniform Guidance, section 414.
The accompanying Schedule reflects Federal expenditures for all programs which were active during the year. The categorization of expenditures included in the accompanying Schedule is based on the Catalog of Federal Domestic Assistance (CFDA). The accompany Schedule of Expenditures of Federal Awards reflects CFDA changes issued through July 2023.
Title: Additional Information
Accounting Policies: The accompanying schedule f expenditures of federl awards (the "Schedule") includes the federal award activity of Danville Area School District (the "School District") under programs of the federal government for the year ended June 30, 2023. 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, changes in net position, or cash flows of the District.
The accompanying Schedule has been presented on the accrual basis of accounting. Expenditures are recorded, accordingly, when incurred rather than when paid.
The District has received noncash assistance during the yer ended June 30, 2023 which is incldued in the Schedule of Expenditures of Federal Awards.
De Minimis Rate Used: N
Rate Explanation: The school district has not elected to use the 10% de minimis indirect cost rate as allowed in the Uniform Guidance, section 414.
The School District did not have ny sub-recipients or pass through any funds to sub-recipients. The School District elected not to use the 10-percent de minimis indirect cost rate as allowed under the Uniform Guidance.
Title: Identification of Major Programs
Accounting Policies: The accompanying schedule f expenditures of federl awards (the "Schedule") includes the federal award activity of Danville Area School District (the "School District") under programs of the federal government for the year ended June 30, 2023. 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, changes in net position, or cash flows of the District.
The accompanying Schedule has been presented on the accrual basis of accounting. Expenditures are recorded, accordingly, when incurred rather than when paid.
The District has received noncash assistance during the yer ended June 30, 2023 which is incldued in the Schedule of Expenditures of Federal Awards.
De Minimis Rate Used: N
Rate Explanation: The school district has not elected to use the 10% de minimis indirect cost rate as allowed in the Uniform Guidance, section 414.
As shown on the accompanying Schedule of Findings and Questioned Costs, the dollar threshold used to distinguish between type A and type B programs were seven hundred and fifty thousand ($750,000) dollars. The District had two major programs, Education Stabilization Fund, which is CFDA number 84.425 and had total expenditures of $1,414,064 which covers 30.65% of all federal expenditures, and Head Start Cluster, which is CFDA numbers 93.600 and had total expenditures of $1,292,922 which covers 28.02% of all federal expenditures.
Title: Medical Assistance
Accounting Policies: The accompanying schedule f expenditures of federl awards (the "Schedule") includes the federal award activity of Danville Area School District (the "School District") under programs of the federal government for the year ended June 30, 2023. 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, changes in net position, or cash flows of the District.
The accompanying Schedule has been presented on the accrual basis of accounting. Expenditures are recorded, accordingly, when incurred rather than when paid.
The District has received noncash assistance during the yer ended June 30, 2023 which is incldued in the Schedule of Expenditures of Federal Awards.
De Minimis Rate Used: N
Rate Explanation: The school district has not elected to use the 10% de minimis indirect cost rate as allowed in the Uniform Guidance, section 414.
Access reimbursement received under CFDA #93.778, Revenue Code 8810 are classified as fee-for-service revenues and are not recognized as federal awards for the purpose of the Schedule of Expenditures of Federal Awards.