Audit 34503

Title: CATEGORIZATION OF EXPENDITURES Accounting Policies: BASIS OF PRESENTATION AND ACCOUNTING-- The accompanying schedule of expenditures of federal awards (the "Schedule") includes the federal award activity of Shamokin Area School District under programs of the federal government for the year ended June 30, 2022. 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). Because the Schedule presents only a selected portion of the operations of the District, it is not intended to and does not present the financial position, changes in net position, or cash flows of the District. The accompanying Schedule has been presented on the accrual basis of accounting. Expenditures are recorded, accordingly, when incurred rather than when paid. The District has received noncash assistance during the year ended June 30, 2022 which is included in the Schedule of Expenditures of Federal Awards. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate. The accompanying Schedule reflects Federal expenditures for all programs which wereactive during the year. The categorization of expenditures included in the accompanyingSchedule is based on the Catalog of Federal Domestic Assistance (CFDA). Theaccompanying Schedule of Expenditures of Federal Awards reflects CFDA changes issuedthrough July 2022.