Notes to SEFA
Title: NOTE 1 – BASIS OF ACCOUNTING
Accounting Policies: The Schedule of Expenditures of Federal Awards is prepared on the same basis of accounting as
Enumclaw School District’s financial statements. The Enumclaw School 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 amounts expended or matched from non-federal
sources.
De Minimis Rate Used: N
Rate Explanation: The Enumclaw School District has not elected to use the 10-percent de minimis indirect cost rate
allowed under the Uniform Guidance. The Enumclaw School District used the federal restricted rate of
0.0372, federal unrestricted rate of 0.1294, or less depending on the grant and program needs.
The Schedule of Expenditures of Federal Awards is prepared on the same basis of accounting as
Enumclaw School District’s financial statements. The Enumclaw School 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 amounts expended or matched from non-federal
sources.
Title: NOTE 2 – FEDERAL DE MINIMIS INDIRECT RATE
Accounting Policies: The Schedule of Expenditures of Federal Awards is prepared on the same basis of accounting as
Enumclaw School District’s financial statements. The Enumclaw School 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 amounts expended or matched from non-federal
sources.
De Minimis Rate Used: N
Rate Explanation: The Enumclaw School District has not elected to use the 10-percent de minimis indirect cost rate
allowed under the Uniform Guidance. The Enumclaw School District used the federal restricted rate of
0.0372, federal unrestricted rate of 0.1294, or less depending on the grant and program needs.
The Enumclaw School District has not elected to use the 10-percent de minimis indirect cost rate
allowed under the Uniform Guidance. The Enumclaw School District used the federal restricted rate of
0.0372, federal unrestricted rate of 0.1294, or less depending on the grant and program needs.
Title: NOTE 3 – NONCASH AWARDS
Accounting Policies: The Schedule of Expenditures of Federal Awards is prepared on the same basis of accounting as
Enumclaw School District’s financial statements. The Enumclaw School 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 amounts expended or matched from non-federal
sources.
De Minimis Rate Used: N
Rate Explanation: The Enumclaw School District has not elected to use the 10-percent de minimis indirect cost rate
allowed under the Uniform Guidance. The Enumclaw School District used the federal restricted rate of
0.0372, federal unrestricted rate of 0.1294, or less depending on the grant and program needs.
The amounts of food commodities reported on the schedule is the market value of commodities
distributed by the school district during the current year. The value is determined by the USDA.
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