Notes to SEFA
Title: BASIS OF PRESENTATION
Accounting Policies: Expenditures
Expenditures reported on the Schedule are reported on the accrual basis of accounting.
Pass-Through Entities
Pass-through entity identifying numbers are presented on the Schedule where available.
De Minimis Rate Used: N
Rate Explanation: The District 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 District 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 District, it is not intended to and does not present the financial position, changes in
net position, or cash flows of the District.
Title: NONCASH TRANSACTIONS
Accounting Policies: Expenditures
Expenditures reported on the Schedule are reported on the accrual basis of accounting.
Pass-Through Entities
Pass-through entity identifying numbers are presented on the Schedule where available.
De Minimis Rate Used: N
Rate Explanation: The District has selected to use a rate other than the 10% de minimis indirect cost rate as permitted by 2
CFR Section 200.414.
The District received $87,891 of Federal non-cash commodities passed through the Wisconsin Department
of Instruction.
Title: SUBRECIPIENT RELATIONSHIPS
Accounting Policies: Expenditures
Expenditures reported on the Schedule are reported on the accrual basis of accounting.
Pass-Through Entities
Pass-through entity identifying numbers are presented on the Schedule where available.
De Minimis Rate Used: N
Rate Explanation: The District has selected to use a rate other than the 10% de minimis indirect cost rate as permitted by 2
CFR Section 200.414.
The District did not remit any funds to subrecipients.
Title: SPECIAL EDUCATION AND SCHOOL AGE PARENTS PROGRAM
Accounting Policies: Expenditures
Expenditures reported on the Schedule are reported on the accrual basis of accounting.
Pass-Through Entities
Pass-through entity identifying numbers are presented on the Schedule where available.
De Minimis Rate Used: N
Rate Explanation: The District 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 $3,494,186 for the year ended June
30, 2024.