Notes to SEFA
Title: Child Nutrition Cluster
Accounting Policies: Expenditures reported on the schedule are reported on the cash basis of accounting.
De Minimis Rate Used: N
Rate Explanation: The District has elected not to use the 10-percent de minimis indirect cost rate.
The District commingles cash receipts from the U.S. Department of Agriculture with similar State grants. When reporting expenditures on this Schedule, the District assumes it expends federal monies first.
Title: Food Donation Program
Accounting Policies: Expenditures reported on the schedule are reported on the cash basis of accounting.
De Minimis Rate Used: N
Rate Explanation: The District has elected not to use the 10-percent de minimis indirect cost rate.
The District reports commodities consumed on the Schedule at the fair value. The District allocated donated food commodities to the respective program that benefitted from the use of those donated food commodities.
Title: Guaranteed Student Loans
Accounting Policies: Expenditures reported on the schedule are reported on the cash basis of accounting.
De Minimis Rate Used: N
Rate Explanation: The District has elected not to use the 10-percent de minimis indirect cost rate.
Non-monetary assistance is reported in the schedule at the dollar amount of guaranteed student loans disbursed.