Notes to SEFA
Title: FEDERAL INDIRECT RATE
Accounting Policies: This Schedule is prepared on the same basis of accounting as the Prosser 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 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 rate of 4.59%
The District used the federal unrestricted rate of 18.87%
Title: FEDERAL INDIRECT RATE
Accounting Policies: This Schedule is prepared on the same basis of accounting as the Prosser 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 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 rate of 4.59%
The District used the federal unrestricted rate of 14.19%
Title: NONCASH AWARDS
Accounting Policies: This Schedule is prepared on the same basis of accounting as the Prosser 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 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 rate of 4.59%
The amount of food commodities reported on the Schedule is the value of food commodities distributed by the District during the current year and priced as prescribed by USDA.
Title: SCHOOLWIDE PROGRAMS
Accounting Policies: This Schedule is prepared on the same basis of accounting as the Prosser 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 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 rate of 4.59%
The District operates a “schoolwide program” in three elementary buildings, one middle school and one high school. 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) $885,989.