Notes to SEFA
Title: Basis of Presentation
Accounting Policies: The District completes the SEFA in accordance with grant spending policies and SEFA (2 CFR 200.510(b)(6)).
De Minimis Rate Used: N
Rate Explanation: Elected not to use the 10% de minimis cost rate allowed
Schedule complies with Title 2 U.S. Code of Fed Regs Pt200, Uniform Admin Reqs, Cost prins, and Audit req for Fed Awards
Title: Summary of Significant Accounting Policies
Accounting Policies: The District completes the SEFA in accordance with grant spending policies and SEFA (2 CFR 200.510(b)(6)).
De Minimis Rate Used: N
Rate Explanation: Elected not to use the 10% de minimis cost rate allowed
Expenditures reported on the modified accrual basis of accounting and used Uniform Guidance cost principals.
Title: Indirect Cost Rate
Accounting Policies: The District completes the SEFA in accordance with grant spending policies and SEFA (2 CFR 200.510(b)(6)).
De Minimis Rate Used: N
Rate Explanation: Elected not to use the 10% de minimis cost rate allowed
Elected not to use the 10% de minimis cost rate allowed
Title: Noncash Assistance
Accounting Policies: The District completes the SEFA in accordance with grant spending policies and SEFA (2 CFR 200.510(b)(6)).
De Minimis Rate Used: N
Rate Explanation: Elected not to use the 10% de minimis cost rate allowed
2 programs
Title: National School Lunch Program
Accounting Policies: The District completes the SEFA in accordance with grant spending policies and SEFA (2 CFR 200.510(b)(6)).
De Minimis Rate Used: N
Rate Explanation: Elected not to use the 10% de minimis cost rate allowed
Includes FMV of donated foods ($3,775,516)
Title: Child Care Food Program
Accounting Policies: The District completes the SEFA in accordance with grant spending policies and SEFA (2 CFR 200.510(b)(6)).
De Minimis Rate Used: N
Rate Explanation: Elected not to use the 10% de minimis cost rate allowed
Includes FMV of donated foods ($144,866)
Title: Impact Aid
Accounting Policies: The District completes the SEFA in accordance with grant spending policies and SEFA (2 CFR 200.510(b)(6)).
De Minimis Rate Used: N
Rate Explanation: Elected not to use the 10% de minimis cost rate allowed
Expenditures - grant #/program 19-FL-2024-192902
Title: Head Start
Accounting Policies: The District completes the SEFA in accordance with grant spending policies and SEFA (2 CFR 200.510(b)(6)).
De Minimis Rate Used: N
Rate Explanation: Elected not to use the 10% de minimis cost rate allowed
Expenditures - grant #/program 04HP00293-04,-05,04CH011657-03-04