Notes to SEFA
Title: FOOD DISTRIBUTION
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards presents the activity of all federal award programs administered by the District, which is described in Note 1 to the District's accompanying financial statements, using the modified accrual basis of accounting. Federal awards that are included in the schedule may be received directly from federal agencies, as well as federal awards that are passed through from other government agencies. The information is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements 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. Indirect costs may be included in the reported expenditures, to the extent they are included in the federal financial reports used as the source for the data presented. Matching costs (the Districts share of certain program costs) are not included in the reported expenditures. The District has not elected to use the 10 percent de minimis cost rate in CFR 200.414 Indirect (F&A) costs.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
Nonmonetary assistance is reported in the schedule at the fair market value of the commodities received and disbursed. At June 30, 2022, the School District had food commodities totaling $11,439 in inventory and commodities donated were $89,048.A = Beginning inventory at July 1, 2021.B = Total amount of commodities received from the Department of Agriculture.C = Total amount of commodities used.D = Ending inventory at June 30, 2022.
Title: OTHER DISCLOSURES
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards presents the activity of all federal award programs administered by the District, which is described in Note 1 to the District's accompanying financial statements, using the modified accrual basis of accounting. Federal awards that are included in the schedule may be received directly from federal agencies, as well as federal awards that are passed through from other government agencies. The information is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements 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. Indirect costs may be included in the reported expenditures, to the extent they are included in the federal financial reports used as the source for the data presented. Matching costs (the Districts share of certain program costs) are not included in the reported expenditures. The District has not elected to use the 10 percent de minimis cost rate in CFR 200.414 Indirect (F&A) costs.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
No insurance is carried specifically to cover equipment purchased with federal funds. Any equipment purchased with federal funds has only a nominal value, and is covered by the Districts casualty insurance policies.There were no loans or loan guarantees outstanding at year-end.No amounts were provided to sub-recipients.The 2021 Schedule of Expenditures of Federal Awards omitted $206,070 of expenditures of federal awards from U.S. Department of Treasury, Passed through the Pennsylvania Commission on Crime and Delinquency, ALN 21.019, Covid-19 Coronavirus Relief Fund, pass through grantors number 33444.