Title: Purpose of the schedule
Accounting Policies: Basis of presentation
The SEFA includes the federal grant activity for the district and is presented on the modified accrual basis
of accounting. The information in this schedule is presented in accordance with the requirements of Title
2 U.S. Code of Federal Regulation (CFR) Part 200, Uniform Administrative Requirements, Cost principles,
and Audit Requirements for Federal Awards (Uniform Guidance). Therefore, some of the amounts
presented in this schedule may differ from amounts presented or used in the preparation of the basic
financial statements.
Federal financial assistance
Pursuant to the Uniform Guidance, federal financial assistance is defined as assistance provided by a
federal agency, either directly or indirectly, in the form of grants, contracts, cooperative agreements,
loans, loan guarantees, property, interest subsidies, insurance, or direct appropriations. Accordingly,
non-monetary federal assistance, including federal surplus property, is included in federal financial
assistance and, therefore, is reported on the schedule, if applicable. Federal financial assistance does
not include direct federal cash assistance to individuals. Solicited contracts between the state and federal
government for which the federal government procures tangible goods or services are not considered to
be federal financial assistance.
Federal Forest Fees
Federal forest fees considered federal revenues are included in the schedule due to requirements of the
Oregon Department of Education. However, these expenditures are not subject to Uniform Guidance and
there are no applicable compliance requirements once these funds are passed to the district. Based on
guidance from the oversight agency, the Oregon Department of Education, and the United States
Department of Agriculture, the federal forest fees have not been included in the scope of the single audit.
Major programs
The Uniform Guidance establishes criteria to be used in defining major federal financial assistance
programs. Major programs for the district are those programs selected for testing by the auditor using
a risk-assessment model, as well as certain minimum expenditure requirements, as outlined in the
Uniform Guidance. Programs with similar requirements may be grouped into a cluster for testing
purposes.
Reporting entity
The reporting entity is fully described in the notes to financial statements. The schedule includes all
federal programs administered by the district for the year ended June 30, 2024.
De Minimis Rate Used: N
Rate Explanation: The district has not elected to use the 10% de minimis indirect cost rate.
The accompanying schedule of expenditures of federal awards (SEFA) is a supplementary schedule to
the district financial statements and is presented for purposes of additional analysis. Because the
schedule presents only a selected portion of the activities of the district, it is not intended to and does
not present the financial position or changes in fund balances of the district.
Title: Significant accounting policies
Accounting Policies: Basis of presentation
The SEFA includes the federal grant activity for the district and is presented on the modified accrual basis
of accounting. The information in this schedule is presented in accordance with the requirements of Title
2 U.S. Code of Federal Regulation (CFR) Part 200, Uniform Administrative Requirements, Cost principles,
and Audit Requirements for Federal Awards (Uniform Guidance). Therefore, some of the amounts
presented in this schedule may differ from amounts presented or used in the preparation of the basic
financial statements.
Federal financial assistance
Pursuant to the Uniform Guidance, federal financial assistance is defined as assistance provided by a
federal agency, either directly or indirectly, in the form of grants, contracts, cooperative agreements,
loans, loan guarantees, property, interest subsidies, insurance, or direct appropriations. Accordingly,
non-monetary federal assistance, including federal surplus property, is included in federal financial
assistance and, therefore, is reported on the schedule, if applicable. Federal financial assistance does
not include direct federal cash assistance to individuals. Solicited contracts between the state and federal
government for which the federal government procures tangible goods or services are not considered to
be federal financial assistance.
Federal Forest Fees
Federal forest fees considered federal revenues are included in the schedule due to requirements of the
Oregon Department of Education. However, these expenditures are not subject to Uniform Guidance and
there are no applicable compliance requirements once these funds are passed to the district. Based on
guidance from the oversight agency, the Oregon Department of Education, and the United States
Department of Agriculture, the federal forest fees have not been included in the scope of the single audit.
Major programs
The Uniform Guidance establishes criteria to be used in defining major federal financial assistance
programs. Major programs for the district are those programs selected for testing by the auditor using
a risk-assessment model, as well as certain minimum expenditure requirements, as outlined in the
Uniform Guidance. Programs with similar requirements may be grouped into a cluster for testing
purposes.
Reporting entity
The reporting entity is fully described in the notes to financial statements. The schedule includes all
federal programs administered by the district for the year ended June 30, 2024.
De Minimis Rate Used: N
Rate Explanation: The district has not elected to use the 10% de minimis indirect cost rate.
Basis of presentation
The SEFA includes the federal grant activity for the district and is presented on the modified accrual basis
of accounting. The information in this schedule is presented in accordance with the requirements of Title
2 U.S. Code of Federal Regulation (CFR) Part 200, Uniform Administrative Requirements, Cost principles,
and Audit Requirements for Federal Awards (Uniform Guidance). Therefore, some of the amounts
presented in this schedule may differ from amounts presented or used in the preparation of the basic
financial statements.
Federal financial assistance
Pursuant to the Uniform Guidance, federal financial assistance is defined as assistance provided by a
federal agency, either directly or indirectly, in the form of grants, contracts, cooperative agreements,
loans, loan guarantees, property, interest subsidies, insurance, or direct appropriations. Accordingly,
non-monetary federal assistance, including federal surplus property, is included in federal financial
assistance and, therefore, is reported on the schedule, if applicable. Federal financial assistance does
not include direct federal cash assistance to individuals. Solicited contracts between the state and federal
government for which the federal government procures tangible goods or services are not considered to
be federal financial assistance.
Federal Forest Fees
Federal forest fees considered federal revenues are included in the schedule due to requirements of the
Oregon Department of Education. However, these expenditures are not subject to Uniform Guidance and
there are no applicable compliance requirements once these funds are passed to the district. Based on
guidance from the oversight agency, the Oregon Department of Education, and the United States
Department of Agriculture, the federal forest fees have not been included in the scope of the single audit.
Major programs
The Uniform Guidance establishes criteria to be used in defining major federal financial assistance
programs. Major programs for the district are those programs selected for testing by the auditor using
a risk-assessment model, as well as certain minimum expenditure requirements, as outlined in the
Uniform Guidance. Programs with similar requirements may be grouped into a cluster for testing
purposes.
Reporting entity
The reporting entity is fully described in the notes to financial statements. The schedule includes all
federal programs administered by the district for the year ended June 30, 2024.
Indirect Cost Rate
The district has not elected to use the 10% de minimis indirect cost rate.