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.
Commoditiesreceivedby the District in the amount of$19,388 wereofa non-monetarynature and thereforethe total revenuedoes not agreewith the financial statements by this amount. These commodities are reported at fair market 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 amountspassedto 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 insurance coverage against loss on assets purchased with 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 informationin this schedule is presented in accordancewith the requirementsof Title 2 U.S. Code of FederalRegulationsPart 200, UniformAdministrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Expenditures are reported on the regulatory basis of accounting consistent with the preparationof the combined financial statements. These expendituresare recognized followingthe cost principles contained in the Uniform Guidance. The District has also elected to not use the 10% de minimis indirect cost rate allowed underthe Uniform Guidance.