Audit 339644

FY End
2024-06-30
Total Expended
$1.50M
Findings
0
Programs
9
Organization: Osceola School District (MO)
Year: 2024 Accepted: 2025-01-24

Organization Exclusion Status:

Checking exclusion status...

Findings

No findings recorded

Programs

ALN Program Spent Major Findings
84.010 Title I Grants to Local Educational Agencies $221,835 - 0
84.041 Impact Aid $66,251 - 0
10.553 School Breakfast Program $61,872 - 0
84.027 Special Education Grants to States $58,984 - 0
10.555 National School Lunch Program $21,229 - 0
84.358 Rural Education $20,008 - 0
84.425 Education Stabilization Fund $10,084 Yes 0
84.173 Special Education Preschool Grants $2,620 - 0
93.434 Every Student Succeeds Act/preschool Development Grants $2,300 - 0

Contacts

Name Title Type
ZM1TC4SFJM53 Brian Wishard Auditee
4176468143 Ken Schultz, CPA Auditor
No contacts on file

Notes to SEFA

Title: 1 Accounting Policies: This schedule is presented in the modified cash basis of accounting. The information in this schedule is presented in accordance with the requirements of the Uniform Guidance. 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 indirect cost rate. The schedule is presented on the modified cash basis of accounting. The information in this schedule is presented in accordance with the requirements of the Uniform Guidance. Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the presentation of, the basic financial statements.
Title: 2 Accounting Policies: This schedule is presented in the modified cash basis of accounting. The information in this schedule is presented in accordance with the requirements of the Uniform Guidance. 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 indirect cost rate. The District uses the modified cash basis of accounting and does not account for non-cash or cash expended inventories.
Title: 3 Accounting Policies: This schedule is presented in the modified cash basis of accounting. The information in this schedule is presented in accordance with the requirements of the Uniform Guidance. 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 indirect cost rate. No federal awards received by the District were provided to any sub-recipient during the fiscal year.
Title: 4 Accounting Policies: This schedule is presented in the modified cash basis of accounting. The information in this schedule is presented in accordance with the requirements of the Uniform Guidance. 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 indirect cost rate. Commodities received and expended were valued by the Food Service Section of the Missouri Department of Elementary and Secondary Education.
Title: 5 Accounting Policies: This schedule is presented in the modified cash basis of accounting. The information in this schedule is presented in accordance with the requirements of the Uniform Guidance. 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 indirect cost rate. The District elected not to use the 10% de minimis indirect cost rate.