Notes to SEFA
Title: Note 3 – Program Costs/Matching Contributions
Accounting Policies: Note 1 – Basis of Accounting
This Schedule is prepared on the same basis of accounting as the Clarkston School District’s financial statements. The District uses the modified accrual basis of accounting. Expenditures represent only the federally funded portions of the program. District records should be consulted to determine amount expended or matched from non-federal sources.
De Minimis Rate Used: N
Rate Explanation: Note 2 – Federal De Minimis Indirect Cost Rate(s)
The Clarkston School District has not elected to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance. The District used the federal (restricted/unrestricted) rates from 4.96 percent to 20.40 percent based on the detail of the grant.
The amounts shown as current year expenditures represent only the federal award portion of the program costs. Entire program costs, including the Clarkston School District’s local matching share, may be more than shown. Such expenditures are recognized following, 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
Accounting Policies: Note 1 – Basis of Accounting
This Schedule is prepared on the same basis of accounting as the Clarkston School District’s financial statements. The District uses the modified accrual basis of accounting. Expenditures represent only the federally funded portions of the program. District records should be consulted to determine amount expended or matched from non-federal sources.
De Minimis Rate Used: N
Rate Explanation: Note 2 – Federal De Minimis Indirect Cost Rate(s)
The Clarkston School District has not elected to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance. The District used the federal (restricted/unrestricted) rates from 4.96 percent to 20.40 percent based on the detail of the grant.
The amounts of commodities reported on the schedule is the value of commodities distributed by the Clarkston School District during current year and priced as prescribed by the Office of the Superintendent of Public Instruction – Food Distribution Program.
Title: Note 5 – Schoolwide Programs
Accounting Policies: Note 1 – Basis of Accounting
This Schedule is prepared on the same basis of accounting as the Clarkston School District’s financial statements. The District uses the modified accrual basis of accounting. Expenditures represent only the federally funded portions of the program. District records should be consulted to determine amount expended or matched from non-federal sources.
De Minimis Rate Used: N
Rate Explanation: Note 2 – Federal De Minimis Indirect Cost Rate(s)
The Clarkston School District has not elected to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance. The District used the federal (restricted/unrestricted) rates from 4.96 percent to 20.40 percent based on the detail of the grant.
The Clarkston School District operates a “schoolwide program” in three elementary buildings. Using federal funding, schoolwide programs are designed to upgrade an entire educational program within a school for all students, rather than limit services to certain targeted students. The following federal program amounts were expended by the District in its schoolwide program: Title I (84.010) $1,052,019.
Title: Note 6 – Transferability
Accounting Policies: Note 1 – Basis of Accounting
This Schedule is prepared on the same basis of accounting as the Clarkston School District’s financial statements. The District uses the modified accrual basis of accounting. Expenditures represent only the federally funded portions of the program. District records should be consulted to determine amount expended or matched from non-federal sources.
De Minimis Rate Used: N
Rate Explanation: Note 2 – Federal De Minimis Indirect Cost Rate(s)
The Clarkston School District has not elected to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance. The District used the federal (restricted/unrestricted) rates from 4.96 percent to 20.40 percent based on the detail of the grant.
As allowed by federal regulations, the District elected to transfer program funds. The District expended $73,959.00 from its Title IV, Part A Student Support and Academic Enrichment (84.424) on allowable activities of the Title II, Part A Teacher & Principal Training & Recruiting Fund (84.367). This amount is reflected in the expenditures of Title II, Part A Teacher & Principal Training & Recruiting Fund (84.367).