Notes to SEFA
Title: NOTE 3 - PROGRAM COSTS/MATCHING CONTRIBUTIONS
Accounting Policies: The Schedule of Expenditures of Federal Awards is prepared on the same basis of accounting as the Wahkiakum School District financial statements. The Wahkiakum School District uses the cash 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: The Wahkiakum School District has not elected to use the 10-percent de Minimis indirect cost rate allowed under the Uniform Guidance. The Wahkiakum School District used either the federal restricted rate of 2.06%, the federal unrestricted rate of 23.78%, or a rate that was a smaller percentage than the federal restricted/unrestricted rate but did not exceed the maximum allowed for the category or chose to not take indirect rates on this grant.
The amounts shown as current year expenses represent only the federal grant portion of the program costs. Entire program costs, including the Wahkiakum School District’s local matching share, may be more than shown. Such expenditures are recognized following, as applicable, either the cost principles in the OMB Circular A-87, Cost Principles for State, Local, and Indian Tribal Governments, or 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 AWARDS - FOOD COMMODITIES
Accounting Policies: The Schedule of Expenditures of Federal Awards is prepared on the same basis of accounting as the Wahkiakum School District financial statements. The Wahkiakum School District uses the cash 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: The Wahkiakum School District has not elected to use the 10-percent de Minimis indirect cost rate allowed under the Uniform Guidance. The Wahkiakum School District used either the federal restricted rate of 2.06%, the federal unrestricted rate of 23.78%, or a rate that was a smaller percentage than the federal restricted/unrestricted rate but did not exceed the maximum allowed for the category or chose to not take indirect rates on this grant.
The amount of food commodities reported on the schedule is the value of the commodities distributed by the Wahkiakum School District during the current year and priced as prescribed by USDA.
Title: NOTE 5—TRANSFERABILITY
Accounting Policies: The Schedule of Expenditures of Federal Awards is prepared on the same basis of accounting as the Wahkiakum School District financial statements. The Wahkiakum School District uses the cash 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: The Wahkiakum School District has not elected to use the 10-percent de Minimis indirect cost rate allowed under the Uniform Guidance. The Wahkiakum School District used either the federal restricted rate of 2.06%, the federal unrestricted rate of 23.78%, or a rate that was a smaller percentage than the federal restricted/unrestricted rate but did not exceed the maximum allowed for the category or chose to not take indirect rates on this grant.
As allowed by federal regulations, the Wahkiakum School District elected to transfer program funds. The district expended $30.998.00 from its Title II, Part A Supporting Effective Instruction State Grants (84.367) and $11,209.00 from its Title IV, Student Support and Academic Enrichment Program (84.424) on allowable activities of the Title I, Part A Grants to Local Educational Agencies (84.010). This amount is reflected in the expenditures of the Title II, Part A Supporting Effective Instruction (84.367) and Title IV, Student Support and Academic Enrichment Program (84.424) Federal Grants.