FAC Explorer

Audit 335458

FY End
2024-06-30
Total Expended
$5.47M
Findings
0
Programs
14
Organization: Leslie County Board of Education (KY)
Year: 2024 Accepted: 2025-01-02
Auditor: Chris Gooch CPA

Organization Exclusion Status:

Findings

No findings recorded

Programs

ALN Program Spent Major Findings
84.027 Special Education Grants to States $375,017 - 0
10.665 Schools and Roads - Grants to States $188,443 - 0
84.287 Twenty-First Century Community Learning Centers $95,000 - 0
10.553 School Breakfast Program $69,298 - 0
10.555 National School Lunch Program $60,318 - 0
84.334 Gaining Early Awareness and Readiness for Undergraduate Programs $38,581 - 0
84.425 Education Stabilization Fund $28,575 Yes 0
84.358 Rural Education $20,273 - 0
84.173 Special Education Preschool Grants $18,100 - 0
84.424 Student Support and Academic Enrichment Program $14,669 - 0
10.560 State Administrative Expenses for Child Nutrition $3,387 - 0
16.710 Public Safety Partnership and Community Policing Grants $1,330 - 0
10.559 Summer Food Service Program for Children $852 - 0
84.010 Title I Grants to Local Educational Agencies $220 - 0

Contacts

Name Title Type
FRLNGLEMBRC4 Stacey Hubbard Auditee
6066722397 Chris Gooch Auditor
No contacts on file

Notes to SEFA

Title: Note 1—Basis of Presentation Accounting Policies: REF NOTES De Minimis Rate Used: N Rate Explanation: DID NOT USE DE MINIMIS COST RATE The accompanying schedule of expenditures of federal awards includes the federal award activity of Leslie County School District, under programs of the federal government for the year ended June 30, 2024 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 Leslie County School District, it is not intended to and does not present the financial position, changes in net position, or cash flows of Leslie County School District.
Title: Note 2—Summary of Significant Accounting Policies Accounting Policies: REF NOTES De Minimis Rate Used: N Rate Explanation: DID NOT USE DE MINIMIS COST RATE Expenditures reported on the schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance*, wherein certain types of expenditures are not allowed or are limited as to reimbursement. Leslie County School District has not elected to use the 10 percent de minimus indirect cost rate as allowed under Uniform Guidance. *Such expenditures are recognized following, as applicable, either the cost principles in OMB Circular A-87 Cost Principles for State, Local and Indian Tribal Governments, or the cost principles contained in Title 2 U.S. Code of Federal Regulations 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 reimbursement.
Title: Note 3 – Non-Monetary Assistance Accounting Policies: REF NOTES De Minimis Rate Used: N Rate Explanation: DID NOT USE DE MINIMIS COST RATE Non-monetary assistance ALN #10.555, $60,318 is reported in the schedule at the fair value of the food donations disbursed.