Notes to SEFA
Title: Note 1 General
Accounting Policies: The accompanying schedules of expenditures of federal awards and state financial assistance are presented using the accrual basis of accounting, which is described in Note 1 to the Agencys financial statements.
De Minimis Rate Used: N
Rate Explanation: The Agency has elected not to use the 10 percent de minimis indirect cost rate allowed under the Uniform Guidance.
The accompanying schedules of expenditures of federal awards and state financial assistance present the expenditures of all federal financial assistance programs and state financial assistance of the Agency subject to inclusion under the federal and state single audit requirements. The reporting entity is defined in Note 1 to the financial statements. The Agency has elected not to use the 10 percent de minimis indirect cost rate allowed under the Uniform Guidance.
Title: Note 2 Basis of Accounting
Accounting Policies: The accompanying schedules of expenditures of federal awards and state financial assistance are presented using the accrual basis of accounting, which is described in Note 1 to the Agencys financial statements.
De Minimis Rate Used: N
Rate Explanation: The Agency has elected not to use the 10 percent de minimis indirect cost rate allowed under the Uniform Guidance.
The accompanying schedules of expenditures of federal awards and state financial assistance are presented using the accrual basis of accounting, which is described in Note 1 to the Agency’s financial statements.
Title: Note 3 Other Information
Accounting Policies: The accompanying schedules of expenditures of federal awards and state financial assistance are presented using the accrual basis of accounting, which is described in Note 1 to the Agencys financial statements.
De Minimis Rate Used: N
Rate Explanation: The Agency has elected not to use the 10 percent de minimis indirect cost rate allowed under the Uniform Guidance.
During the 2023-2024 fiscal year $1,349,707 was passed through to sub-recipients. These sub-recipient payments consisted of $1,258,839 in pass through payments in special education grants and $90,868 in vocational education respectively.
Title: Note 4 Medical Assistance
Accounting Policies: The accompanying schedules of expenditures of federal awards and state financial assistance are presented using the accrual basis of accounting, which is described in Note 1 to the Agencys financial statements.
De Minimis Rate Used: N
Rate Explanation: The Agency has elected not to use the 10 percent de minimis indirect cost rate allowed under the Uniform Guidance.
Expenditures presented for Medical School Based Services (SBS) Benefit represent only the federal funds for the program that the Agency receives from the Wisconsin Department of Health Services (DHS). Agency records should be consulted to determine the total amount expended for this program.