Audit 347795

Title: Assistance Listing Numbers Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards (Schedule) includes the federal grant activity of Santa Cruz Valley Unified School District No. 35 under programs of the federal government for the year ended June 30, 2024. The information in the 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.  Expenditures  reported  on  the  Schedule  are  reported  on  the  modified  accrual  basis  of  accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance,  wherein  certain  types  of  expenditures  are  not  allowable  or  are  limited  as  to  reimbursement. Any negative amounts shown on the Schedule represent adjustments or credits made in the normal course of business to amounts reported as expenditures in prior years. Pass‐through entity identifying numbers are presented where available. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis indirect cost rate. The program titles and Assistance Listing numbers were obtained from the federal or pass‐through grantor or through sam.gov. If the three‐digit Assistance Listing extension is unknown, there is a U followed by a two‐digit number in the Assistance Listing extension to identify one or more Federal award lines from that program. The first Federal program with an unknown three‐digit extension is indicated with U01 for all award lines associated with that program, the second is U02, etc.