Audit 340836

FY End
2024-06-30
Total Expended
$1.07M
Findings
0
Programs
10
Organization: Newburg R-II School District (MO)
Year: 2024 Accepted: 2025-01-31

Organization Exclusion Status:

Checking exclusion status...

Findings

No findings recorded

Programs

ALN Program Spent Major Findings
84.425 Education Stabilization Fund $463,570 Yes 0
84.010 Title I Grants to Local Educational Agencies $211,552 - 0
10.559 Summer Food Service Program for Children $29,194 - 0
10.553 School Breakfast Program $28,761 - 0
84.027 Special Education Grants to States $19,562 - 0
10.555 National School Lunch Program $12,145 - 0
10.558 Child and Adult Care Food Program $5,016 - 0
84.358 Rural Education $4,507 - 0
93.434 Every Student Succeeds Act/preschool Development Grants $2,200 - 0
84.173 Special Education Preschool Grants $1,371 - 0

Contacts

Name Title Type
D72TLS2F1R42 Tracy Kingsley Auditee
5737629653 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.