Notes to SEFA
Title: NONCASH AWARDS
Accounting Policies: The information presented in the Schedule of Expenditures of Federal Awards is presented on a basis consistent with the Unit’s general-purpose financial statements. The grants included are all accounted for on a modified accrual basis of accounting which is described in the notes to the general-purpose financial statements.
De Minimis Rate Used: N
Rate Explanation: Did not elect to use.
The amount of $91,615 is reported on the schedule is the value of commodities received by the Unit during the current year and priced as prescribed by USDA and is included in the National school lunch program total.
Title: CHILD NUTRITION CLUSTER
Accounting Policies: The information presented in the Schedule of Expenditures of Federal Awards is presented on a basis consistent with the Unit’s general-purpose financial statements. The grants included are all accounted for on a modified accrual basis of accounting which is described in the notes to the general-purpose financial statements.
De Minimis Rate Used: N
Rate Explanation: Did not elect to use.
The Unit commingles cash receipts from the U.S. Department of Agriculture with similar State grants. When
reporting expenditures on this Schedule, the Unit assumes it expends federal monies first.
Title: TITLE I, PART A TRANSFERABILITY
Accounting Policies: The information presented in the Schedule of Expenditures of Federal Awards is presented on a basis consistent with the Unit’s general-purpose financial statements. The grants included are all accounted for on a modified accrual basis of accounting which is described in the notes to the general-purpose financial statements.
De Minimis Rate Used: N
Rate Explanation: Did not elect to use.
As described in the U.S. Department of Education Cross-Cutting Section, sections III.A.3, Activities Allowed or Unallowed – Transferability (SEAs and LEAs) and IV.3. Other Information – Transferability of the 2023 OMB Compliance Supplement, expenditures of funds should be included in the audit universe and total expenditures of the
receiving program. For fiscal year 2023, the Unit transferred Title II, Part A (AL 84.367) and Title IV, Part A (AL 84.424) expenditures to its Title I, Part A (AL 84.010) program as submitted to the State of Maine Department of
Education in its consolidated application and as denoted on the Schedule of Expenditures of Federal Awards. As
such, Title II, Part A (AL 84.367) and Title IV, Part A (AL 84.424) expenditures were included as part of Title I, Part A
(AL 84.010).