Notes to SEFA
Title: Note 1
Accounting Policies: The information in this schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Expenditures are reported on the regulatory basis of accounting consistent with the preparation of the combined fmancial statements. These expenditures are recognized following the cost principles contained in the Uniform Guidance.
De Minimis Rate Used: N
Rate Explanation: The District has also elected to not use the 10% de minimis indirect cost rate allowed under the Uniform Guidance.
Commoditiesreceived by the District in the amount of$1 0,349 were of a non-monetarynature and therefore the total revenue does not agree with the financial statements by this amount. These commoditiesare reported at fairmarket value.
Title: Note 2
Accounting Policies: The information in this schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Expenditures are reported on the regulatory basis of accounting consistent with the preparation of the combined fmancial statements. These expenditures are recognized following the cost principles contained in the Uniform Guidance.
De Minimis Rate Used: N
Rate Explanation: The District has also elected to not use the 10% de minimis indirect cost rate allowed under the Uniform Guidance.
There were no amounts passed to subrecipients.
Title: Note 3
Accounting Policies: The information in this schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Expenditures are reported on the regulatory basis of accounting consistent with the preparation of the combined fmancial statements. These expenditures are recognized following the cost principles contained in the Uniform Guidance.
De Minimis Rate Used: N
Rate Explanation: The District has also elected to not use the 10% de minimis indirect cost rate allowed under the Uniform Guidance.
Grantor provides adequate insurancecoverageagainst loss on assets purchasedwith Federal Awards.
Title: Note 4
Accounting Policies: The information in this schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Expenditures are reported on the regulatory basis of accounting consistent with the preparation of the combined fmancial statements. These expenditures are recognized following the cost principles contained in the Uniform Guidance.
De Minimis Rate Used: N
Rate Explanation: The District has also elected to not use the 10% de minimis indirect cost rate allowed under the Uniform Guidance.
The information in this schedule is presented in accordance with the requirementsof Title 2 U.S. Code ofFederalRegulations Part 200, UniformAdministrative Requirements,Cost Principles,and Audit Requirementsfor Federal Awards (UniformGuidance). Expendituresare reportedon the regulatory basis of accounting consistent with the preparation ofthe combined financial statements. These expendituresare recognized following the cost principles contained in the Uniform Guidance. The District has also elected to not use the 10%de minimis indirect cost rate allowedunder the Uniform Guidance.
Title: Note 5
Accounting Policies: The information in this schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Expenditures are reported on the regulatory basis of accounting consistent with the preparation of the combined fmancial statements. These expenditures are recognized following the cost principles contained in the Uniform Guidance.
De Minimis Rate Used: N
Rate Explanation: The District has also elected to not use the 10% de minimis indirect cost rate allowed under the Uniform Guidance.
Expendituresunder the Title I Programcluster includes $9,776 in Title II and $10,130 in Title IV fundsthat were transferredto the Title I-Part A program