Notes to SEFA
Title: DONATED COMMODITIES
Accounting Policies: The schedule of Expenditures of Federal Awards includes the federal grant activity of the Houston County Board of Education (the "School District") and is presented on the accrual basis of accounting.
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 Reuirements for Federal Awards ("Uniform Guidance"). Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of, the financial statements.
De Minimis Rate Used: N
Rate Explanation: The School District elected not to use to 10% de minimis cost rate for the year ended June 30, 2024.
The Child Nutrition Cluster includes $1,500,849 of non-cash expenditures in the form of donated food commodities.
Title: SUBRECIPIENTS
Accounting Policies: The schedule of Expenditures of Federal Awards includes the federal grant activity of the Houston County Board of Education (the "School District") and is presented on the accrual basis of accounting.
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 Reuirements for Federal Awards ("Uniform Guidance"). Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of, the financial statements.
De Minimis Rate Used: N
Rate Explanation: The School District elected not to use to 10% de minimis cost rate for the year ended June 30, 2024.
The School District did not pass through any funds to subricipients for the year ended June 30, 2024.
Title: TRANSFERS
Accounting Policies: The schedule of Expenditures of Federal Awards includes the federal grant activity of the Houston County Board of Education (the "School District") and is presented on the accrual basis of accounting.
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 Reuirements for Federal Awards ("Uniform Guidance"). Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of, the financial statements.
De Minimis Rate Used: N
Rate Explanation: The School District elected not to use to 10% de minimis cost rate for the year ended June 30, 2024.
During the year ended June 30, 2024, the School District transferred $22,000 from the Title IV-A Student Support and Academic Enrichment program to the Title I-C, Migrant Education program. Expenditures of transfers are reflected within the receiving program.