Notes to SEFA
Title: Indirect Facilities and Administration Costs
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards includes the federal grant activity of Paris Union School District #95 and is
presented on the modified cash basis of accounting under guidelines prescribed by the Illinois State Board of Education. The information in this
schedule is presented in accordance with the requirements of the Office of Management and Budget Uniform Administrative Requirements, Cost
Principles, and Audit Requirements for Federal Awards. Therefore, some amounts presented in this schedule may differ from amounts presented
in, or used in the preparation of, the basic\ financial statements.
De Minimis Rate Used: N
Rate Explanation: Auditee did not use the de minimis cost rate.
Auditee elected to use 10% de minimis cost rate? No.
Title: Subrecipients
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards includes the federal grant activity of Paris Union School District #95 and is
presented on the modified cash basis of accounting under guidelines prescribed by the Illinois State Board of Education. The information in this
schedule is presented in accordance with the requirements of the Office of Management and Budget Uniform Administrative Requirements, Cost
Principles, and Audit Requirements for Federal Awards. Therefore, some amounts presented in this schedule may differ from amounts presented
in, or used in the preparation of, the basic\ financial statements.
De Minimis Rate Used: N
Rate Explanation: Auditee did not use the de minimis cost rate.
Of the federal expenditures presented in the Schedule, Paris Union School District #95 provided federal awards to subrecipients as follows: N/A
Title: Non-Cash Assistance
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards includes the federal grant activity of Paris Union School District #95 and is
presented on the modified cash basis of accounting under guidelines prescribed by the Illinois State Board of Education. The information in this
schedule is presented in accordance with the requirements of the Office of Management and Budget Uniform Administrative Requirements, Cost
Principles, and Audit Requirements for Federal Awards. Therefore, some amounts presented in this schedule may differ from amounts presented
in, or used in the preparation of, the basic\ financial statements.
De Minimis Rate Used: N
Rate Explanation: Auditee did not use the de minimis cost rate.
The following amounts were expended in the form of non-cash assistance by Paris Union School District #95 and should be included in the Schedule of Expenditures of Federal Awards: Non-cash commodities (AL 10.555): $38,605. Other Non-cash assitance - Dept. of Defense Fruits & Vegetables: $0. Total Non-Cash: $38,605.
Title: Other Information
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards includes the federal grant activity of Paris Union School District #95 and is
presented on the modified cash basis of accounting under guidelines prescribed by the Illinois State Board of Education. The information in this
schedule is presented in accordance with the requirements of the Office of Management and Budget Uniform Administrative Requirements, Cost
Principles, and Audit Requirements for Federal Awards. Therefore, some amounts presented in this schedule may differ from amounts presented
in, or used in the preparation of, the basic\ financial statements.
De Minimis Rate Used: N
Rate Explanation: Auditee did not use the de minimis cost rate.
Insurance coverage in effect paid with Federal funds during the fiscal year: Property: No. Auto: No. General Liability: No. Workers Compensation: No. Loans/Loan Guarantees Outstanding at June 30: No. District had Federal grants requiring matching expenditures: No.