Notes to SEFA
Title: BASIS OF PRESENTATION
Accounting Policies: Expenditures reported on the Schedule are reported on the accrual basis of accounting. Pass-through entity identifying numbers are presented on the Schedule where available.
De Minimis Rate Used: N
Rate Explanation: The Agency has selected to use a rate other than the 10% de minimis indirect cost rate as permitted by 2 CFR Section 200.414.
The accompanying schedule of expenditures of federal and state awards (the Schedule) includes the federal and state grant activity of the Agency under programs of the federal government and state agencies for the year ended June 30, 2024. The information in this Schedule is presented in accordance with the requirements of Uniform Guidance, Wisconsin State Single Audit Guidelines, Audits of States, Local Governments, and Non-Profit Organizations. Because the Schedule presents only a selected portion of the operations of the Agency, it is not intended to and does not present the financial position, changes in net position, or cash flows of the Agency.
Title: SPECIAL EDUCATION AND SCHOOL AGE PARENTS PROGRAM
Accounting Policies: Expenditures reported on the Schedule are reported on the accrual basis of accounting. Pass-through entity identifying numbers are presented on the Schedule where available.
De Minimis Rate Used: N
Rate Explanation: The Agency has selected to use a rate other than the 10% de minimis indirect cost rate as permitted by 2 CFR Section 200.414.
The eligible costs of under the State Special Education Program are $2,160,916 for the year ended June 30, 2024.
Title: OVERSIGHT AGENCY
Accounting Policies: Expenditures reported on the Schedule are reported on the accrual basis of accounting. Pass-through entity identifying numbers are presented on the Schedule where available.
De Minimis Rate Used: N
Rate Explanation: The Agency has selected to use a rate other than the 10% de minimis indirect cost rate as permitted by 2 CFR Section 200.414.
The Agency’s federal oversight agency for audit is the U.S. Department of Education. The Agency’s state cognizant agency is the Wisconsin Department of Public Instruction.