Notes to SEFA
Title: FOOD DISTRIBUTION
Accounting Policies: THE ACCOMPANYING SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS INCLUDES THE FEDERAL GRANT ACTIVITY OF ALLENDALE COUNTY SCHOOL DISTRICT AND IS PRESENTED ON THE ACCRUAL BASIS. THE INFORMATION IN THIS SCHEDULE IS PRESENTED IN ACCORDANCE WITH THE REQUIREMENTS OF TITLE 2 U.S. CODE OF FEDERAL REGULATIONS (CFR) PART 200, UNIFORM ADMINISTRATIVE REQUIREMENTS, COST PRINCIPLES, AND AUDIT REQUIREMENTS FOR FEDERAL AWARDS. THEREFORE, SOME AMOUNTS PRESENTED IN THIS SCHEDULE MAY DIFFER FROM AMOUNTS PRESENTED IN, OR USED IN THE PRESENTATION OF THE BASIC FINANCIAL STATEMENTS.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
NON-MONETARY ASSISTANCE IS REPORTED IN THE SCHEDULE AT THE FAIR MARKET VALUE OF THE COMMODITIES RECEIVED AND DISBURSED. DURING THE YEAR, THE DISTRICT RECEIVED $61,013 OF FOOD COMMODITIES FROM THE UNITED STATES DEPARTMENT OF AGRICULTURE. AS OF JUNE 30, 2022, THE DISTRICT HAD $3,538 IN FOOD COMMODITIES ON HAND.