Audit 347540

FY End
2024-08-31
Total Expended
$2.77M
Findings
0
Programs
14
Year: 2024 Accepted: 2025-03-24

Organization Exclusion Status:

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Contacts

Name Title Type
L21FXJNFQVS3 Shelese McConnell Auditee
3609543009 Joshua Young Auditor
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Notes to SEFA

Title: Note 3 - Program Costs/Matching Contributions Accounting Policies: Note 1 - Basis of Accounting The Schedule of Expenditures of Federal Awards is prepared on the same basis of accounting as the Washougal School District’s financial statements. The Washougal School District uses the modified accrual basis of accounting. Expenditures represent only the federally funded portions of the program. District records should be consulted to determine amounts expended or matched from non-federal sources. De Minimis Rate Used: N Rate Explanation: Note 2 - Federal De Minimis Indirect Rate The Washougal School District has not elected to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance. The District used the federal restricted rate of 3.26%. The amounts shown as current year expenses represent only the federal award portion of the program costs. Entire program costs, including the Washougal School District's local matching share, may be more than shown. Such expenditures are recognized following, the cost principles contained in Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
Title: Note 4 - Noncash Award Accounting Policies: Note 1 - Basis of Accounting The Schedule of Expenditures of Federal Awards is prepared on the same basis of accounting as the Washougal School District’s financial statements. The Washougal School District uses the modified accrual basis of accounting. Expenditures represent only the federally funded portions of the program. District records should be consulted to determine amounts expended or matched from non-federal sources. De Minimis Rate Used: N Rate Explanation: Note 2 - Federal De Minimis Indirect Rate The Washougal School District has not elected to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance. The District used the federal restricted rate of 3.26%. The amount of commodities reported on the Schedule is the value of commodities received by the Washougal School District during current year and priced as prescribed by U.S. Department of Agriculture.
Title: Note 5 - Schoolwide Program Accounting Policies: Note 1 - Basis of Accounting The Schedule of Expenditures of Federal Awards is prepared on the same basis of accounting as the Washougal School District’s financial statements. The Washougal School District uses the modified accrual basis of accounting. Expenditures represent only the federally funded portions of the program. District records should be consulted to determine amounts expended or matched from non-federal sources. De Minimis Rate Used: N Rate Explanation: Note 2 - Federal De Minimis Indirect Rate The Washougal School District has not elected to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance. The District used the federal restricted rate of 3.26%. The Washougal School District operates a “schoolwide program” in four elementary buildings. Using federal funding, schoolwide programs are designed to upgrade an entire educational program wtihin a school for all students, rather than limit services to certain targeted students. The following federal program amounts were expended by the Washougal School District in its schoolwide program: Title I (84.010) $491,387.