Notes to SEFA
Title: General
Accounting Policies: The accompanying schedule of e xpenditures of federal a wards is presented using the accrual basis of accounting as described in the notes to the basic financial statements.
De Minimis Rate Used: N
Rate Explanation: The School District has not elected to use the 10 de mini mum indirect cost rate allowed under the Uniform Guidance.
The accompanying schedule of expenditures of federal awards presents the activity of all federal financial assistance programs of the Lehighton Area School District. Federal awards passed through other government agencies are included on the schedule.
Title: Non-Monetary Assistance
Accounting Policies: The accompanying schedule of e xpenditures of federal a wards is presented using the accrual basis of accounting as described in the notes to the basic financial statements.
De Minimis Rate Used: N
Rate Explanation: The School District has not elected to use the 10 de mini mum indirect cost rate allowed under the Uniform Guidance.
The Commonwealth of Pennsylvania distributes federal surplus food to institutions (schools, hospitals, and prisons) and to the needy. Expenditures reported in the schedule of expenditures of federal awards under ALN 10.555 (National School Lunch Program - Donated Commodities) represent surplus food consumed by the School District during the 2023 - 2024 fiscal year. The School District has food commodities totaling $2,053 in inventory as of June 30, 2024.
Title: Access Program
Accounting Policies: The accompanying schedule of e xpenditures of federal a wards is presented using the accrual basis of accounting as described in the notes to the basic financial statements.
De Minimis Rate Used: N
Rate Explanation: The School District has not elected to use the 10 de mini mum indirect cost rate allowed under the Uniform Guidance.
The ACCESS Program is a medical assistance program that reimburses local educational agencies for direct eligible health-related services provided to enrolled special needs students. Reimbursements are federal source revenues but are classified as fee-for-service and are not considered federal financial assistance. The amount of ACCESS funding recognized for the year ended June 30, 2024 was $24,234.