Notes to SEFA
Title: NOTE 3 – CHILD NUTRITION CLUSTER
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards (the Schedule) includes the federal award activity of
the Bristol Local School District under programs of the federal government for the fiscal year ended June 30, 2024
and is prepared in accordance with the cash basis of accounting. The information on this Schedule is prepared 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). Because the
Schedule presents only a selected portion of the operations of the Bristol Local School District, it is not intended to
and does not present the financial position, or changes in net position of the Bristol Local School District. Such
expenditures are recognized following cost principles contained in Uniform Guidance wherein certain types of
expenditures may or may not be limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: CFR Section 200.414 of the Uniform Guidance allows a non-federal entity that has never received a negotiated indirect
cost rate to charge a de minimis rate of 10% of modified total direct costs to indirect costs. The Bristol Local School
District has not elected to use the 10-percent de minimis indirect cost rate as allowed under the Uniform Guidance.
The Bristo l Local School District commingles cash receipts from the U.S. Department of Agriculture with similar
State grants. When reporting expenditures on this Schedule, the Bristol Local School District assumes it expends
federal monies first.
Title: NOTE 4 – FOOD DONATION PROGRAM
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards (the Schedule) includes the federal award activity of
the Bristol Local School District under programs of the federal government for the fiscal year ended June 30, 2024
and is prepared in accordance with the cash basis of accounting. The information on this Schedule is prepared 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). Because the
Schedule presents only a selected portion of the operations of the Bristol Local School District, it is not intended to
and does not present the financial position, or changes in net position of the Bristol Local School District. Such
expenditures are recognized following cost principles contained in Uniform Guidance wherein certain types of
expenditures may or may not be limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: CFR Section 200.414 of the Uniform Guidance allows a non-federal entity that has never received a negotiated indirect
cost rate to charge a de minimis rate of 10% of modified total direct costs to indirect costs. The Bristol Local School
District has not elected to use the 10-percent de minimis indirect cost rate as allowed under the Uniform Guidance.
The Bristol Local School District reports commodities consumed on the Schedule at the entitlement value. The Bristol
Local School District allocated donated food commodities to the respective program that benefitted from the use of
those donated food commodities.
Title: NOTE 5 – TRANSFERS BETWEEN PROGRAM YEARS
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards (the Schedule) includes the federal award activity of
the Bristol Local School District under programs of the federal government for the fiscal year ended June 30, 2024
and is prepared in accordance with the cash basis of accounting. The information on this Schedule is prepared 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). Because the
Schedule presents only a selected portion of the operations of the Bristol Local School District, it is not intended to
and does not present the financial position, or changes in net position of the Bristol Local School District. Such
expenditures are recognized following cost principles contained in Uniform Guidance wherein certain types of
expenditures may or may not be limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: CFR Section 200.414 of the Uniform Guidance allows a non-federal entity that has never received a negotiated indirect
cost rate to charge a de minimis rate of 10% of modified total direct costs to indirect costs. The Bristol Local School
District has not elected to use the 10-percent de minimis indirect cost rate as allowed under the Uniform Guidance.
Federal regulations require schools to obligate certain federal awards by June 30, However, with the Ohio Department
of Education and Workforce’s consent, School Districts can transfer unobligated amounts to the subsequent
program/fiscal year or a similar program. See the Notes to the SEFA for chart/table
Title: NOTE 6 – PASS-THROUGH FUNDS
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards (the Schedule) includes the federal award activity of
the Bristol Local School District under programs of the federal government for the fiscal year ended June 30, 2024
and is prepared in accordance with the cash basis of accounting. The information on this Schedule is prepared 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). Because the
Schedule presents only a selected portion of the operations of the Bristol Local School District, it is not intended to
and does not present the financial position, or changes in net position of the Bristol Local School District. Such
expenditures are recognized following cost principles contained in Uniform Guidance wherein certain types of
expenditures may or may not be limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: CFR Section 200.414 of the Uniform Guidance allows a non-federal entity that has never received a negotiated indirect
cost rate to charge a de minimis rate of 10% of modified total direct costs to indirect costs. The Bristol Local School
District has not elected to use the 10-percent de minimis indirect cost rate as allowed under the Uniform Guidance.
The Bristol Local School District was awarded federal program allocations to be administered on their behalf by the
Trumbull County Educational Service Center. See the Notes to the SEFA for chart/table