Notes to SEFA
Title: NOTE 3 - FEDERAL INDIRECT RATE
Accounting Policies: The Schedule is prepared on the same basis of accounting as the Tonasket 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 amounts expended or matched from non-federal sources.
De Minimis Rate Used: N
Rate Explanation: The Tonasket School District has not elected to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance.
The Tonasket School District used the federal unrestricted rate of .1441%.
Title: NOTE 4 - NONCASH AWARDS
Accounting Policies: The Schedule is prepared on the same basis of accounting as the Tonasket 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 amounts expended or matched from non-federal sources.
De Minimis Rate Used: N
Rate Explanation: The Tonasket School District has not elected to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance.
The amount of commodities reported on the schedule is the value of commodities distributed by the Tonasket School District during the current year and priced as prescribed by Office of the Superintendent Public Instruction (OSPI).
Title: NOTE 5 - SCHOOLWIDE PROGRAMS
Accounting Policies: The Schedule is prepared on the same basis of accounting as the Tonasket 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 amounts expended or matched from non-federal sources.
De Minimis Rate Used: N
Rate Explanation: The Tonasket School District has not elected to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance.
The Tonasket School District operates a “schoolwide program” in five 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 Tonasket School District in its schoolwide program: Title I (84.010) $811,294.05 & Title I, Part C (84.011) $359,714.83
Title: NOTE 6 - SMALL RURAL SCHOOLS ACHIEVEMENT (SRSA)
Accounting Policies: The Schedule is prepared on the same basis of accounting as the Tonasket 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 amounts expended or matched from non-federal sources.
De Minimis Rate Used: N
Rate Explanation: The Tonasket School District has not elected to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance.
As allowed by federal regulations, the Tonasket School District expended $17,776.40 from its Small Rural School Achievement (SRSA) Alternative Uses of Funds Program (84.358) for activities of the Title 1 Program (84.010).