Title: Notes
Accounting Policies: See notes
De Minimis Rate Used: N
Rate Explanation: The District does not use indirect cost.
The accompanying schedule of expenditures of federal awards includes the federal grant activity of Brookeland
Title: Notes
Accounting Policies: See notes
De Minimis Rate Used: N
Rate Explanation: The District does not use indirect cost.
Independent School District and is presented on the modified accrual basis of accounting. The information in this
Title: Notes
Accounting Policies: See notes
De Minimis Rate Used: N
Rate Explanation: The District does not use indirect cost.
schedule is presented on the modified accrual basis of accounting. The information in this schedule is presented in
Title: Notes
Accounting Policies: See notes
De Minimis Rate Used: N
Rate Explanation: The District does not use indirect cost.
accordance with the requirements of Uniform Guidance, Audits of States, Local Governments, and Non-Profit
Title: Notes
Accounting Policies: See notes
De Minimis Rate Used: N
Rate Explanation: The District does not use indirect cost.
Organizations . Therefore, some amounts presented in this schedule may differ from amounts presented in the
Title: Notes
Accounting Policies: See notes
De Minimis Rate Used: N
Rate Explanation: The District does not use indirect cost.
preparation of, the general purpose financial statements. Special revenue funds are used to account for resources
Title: Notes
Accounting Policies: See notes
De Minimis Rate Used: N
Rate Explanation: The District does not use indirect cost.
restricted to, or designed for, specific purposes by a grantor. Generally, unused balances are returned to the grantor at
Title: Notes
Accounting Policies: See notes
De Minimis Rate Used: N
Rate Explanation: The District does not use indirect cost.
the close of the specific project period.
Title: Notes
Accounting Policies: See notes
De Minimis Rate Used: N
Rate Explanation: The District does not use indirect cost.
2. Basis of Accounting
Title: Notes
Accounting Policies: See notes
De Minimis Rate Used: N
Rate Explanation: The District does not use indirect cost.
The accounting and financial reporting treatment applied to Special Revenue funds is the current financial resource
Title: Notes
Accounting Policies: See notes
De Minimis Rate Used: N
Rate Explanation: The District does not use indirect cost.
measurement focus. With this measurement focus, only current assets and current liabilities are generally included on
Title: Notes
Accounting Policies: See notes
De Minimis Rate Used: N
Rate Explanation: The District does not use indirect cost.
the balance sheet. Operating statements of these funds present increases and decreases in fund balance. The modified
Title: Notes
Accounting Policies: See notes
De Minimis Rate Used: N
Rate Explanation: The District does not use indirect cost.
accrual basis of accounting recognizes revenues in the accounting period in which they become measurable and
Title: Notes
Accounting Policies: See notes
De Minimis Rate Used: N
Rate Explanation: The District does not use indirect cost.
available, and expenditures in the accounting period in which the liability is incurred, except for unmatured interest on
Title: Notes
Accounting Policies: See notes
De Minimis Rate Used: N
Rate Explanation: The District does not use indirect cost.
long-term debt, which is recognized when matured, and certain compensated absences, pension liability, other postemployment
Title: Notes
Accounting Policies: See notes
De Minimis Rate Used: N
Rate Explanation: The District does not use indirect cost.
benefits, and claims, which are recognized when the obligations are expected to be liquidated with
Title: Notes
Accounting Policies: See notes
De Minimis Rate Used: N
Rate Explanation: The District does not use indirect cost.
expendable available resources. Grant funds are considered to be earned as soon as all eligibility requirements imposed
Title: Notes
Accounting Policies: See notes
De Minimis Rate Used: N
Rate Explanation: The District does not use indirect cost.
by the provider are met and expenditures have been incurred, and, accordingly, when such funds are received in
Title: Notes
Accounting Policies: See notes
De Minimis Rate Used: N
Rate Explanation: The District does not use indirect cost.
advance, they are recorded as deferred revenue until earned.
Title: Notes
Accounting Policies: See notes
De Minimis Rate Used: N
Rate Explanation: The District does not use indirect cost.
3. Availability of Funds
Title: Notes
Accounting Policies: See notes
De Minimis Rate Used: N
Rate Explanation: The District does not use indirect cost.
The period of availability for federal grant funds for the purpose of liquidation of outstanding obligations made on or
Title: Notes
Accounting Policies: See notes
De Minimis Rate Used: N
Rate Explanation: The District does not use indirect cost.
before the ending date of the project period extended 30 days beyond the project period ending date.