Notes to SEFA
Title: BASIS OF PRESENTATION
Accounting Policies: The District uses the modified accrual method of recording transactions except as noted for the accountingof donated commodities in Note 3. Revenues are recorded when measurable and available. Expendituresare recorded when incurred.
De Minimis Rate Used: N
Rate Explanation: The District has not elected to use the 10 percent de minimis indirect cost rate allowed under UniformGuidance. For the year ended June 30, 2024, there were no indirect costs included in the schedule of expenditures of federal awards.
The schedule of expenditures of federal awards reflects federal expenditures for all individual grants whichwere active during the fiscal year.
Title: NONMONETARY FEDERAL AWARDS – DONATED FOOD
Accounting Policies: The District uses the modified accrual method of recording transactions except as noted for the accountingof donated commodities in Note 3. Revenues are recorded when measurable and available. Expendituresare recorded when incurred.
De Minimis Rate Used: N
Rate Explanation: The District has not elected to use the 10 percent de minimis indirect cost rate allowed under UniformGuidance. For the year ended June 30, 2024, there were no indirect costs included in the schedule of expenditures of federal awards.
The Commonwealth of Pennsylvania distributes federal surplus food to institutions (schools, hospitals, andprisons) and to the needy. Expenditures reported in the schedule of expenditures of federal awards underCFDA #10.555 includes surplus food consumed by the District during the 2023-2024 fiscal year. The Districthas food commodities totaling $9,442 in inventory as of June 30, 2024.
Title: ACCESS PROGRAM
Accounting Policies: The District uses the modified accrual method of recording transactions except as noted for the accountingof donated commodities in Note 3. Revenues are recorded when measurable and available. Expendituresare recorded when incurred.
De Minimis Rate Used: N
Rate Explanation: The District has not elected to use the 10 percent de minimis indirect cost rate allowed under UniformGuidance. For the year ended June 30, 2024, there were no indirect costs included in the schedule of expenditures of federal awards.
The ACCESS Program is a medical assistance program that reimburses local educational agencies for directeligible health-related services provided to enrolled special needs students. Reimbursements are federalsource 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 $1,020,550.