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 the district's financial statements. The Arlington School District uses the modified accrual basis of accounting. Expenditures represent only the federally funded portions of the program. District records shoudl be consulted to determine amounts expended or matched from non-federal sources.
De Minimis Rate Used: N
Rate Explanation: The Arlington 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 rate of 2.02%.
The Schedule of Expenditures of Federal Awards is prepared on the same basis of accounting as the district's financial statements. The Arlington School District uses the modified accrual basis of accounting. Expenditures represent only the federally funded portions of the program. District records shoudl 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 the district's financial statements. The Arlington School District uses the modified accrual basis of accounting. Expenditures represent only the federally funded portions of the program. District records shoudl be consulted to determine amounts expended or matched from non-federal sources.
De Minimis Rate Used: N
Rate Explanation: The Arlington 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 rate of 2.02%.
The Arlington 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 rate of 2.02%.
Title: Note 3 - Program Costs/Matching Contributions
Accounting Policies: The Schedule of Expenditures of Federal Awards is prepared on the same basis of accounting as the district's financial statements. The Arlington School District uses the modified accrual basis of accounting. Expenditures represent only the federally funded portions of the program. District records shoudl be consulted to determine amounts expended or matched from non-federal sources.
De Minimis Rate Used: N
Rate Explanation: The Arlington 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 rate of 2.02%.
The amounts shown as current year expenses represent only the federal grant portion of the program costs. Entire program costs, including the Arlington School District's local matching share, may be more than shown. Such expenditures are recognized following, as applicable, either the cost principles in the OMB Circular A-87, Cost Principles for State, Local, and Indian Tribal Gonvernments, or 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 - Non-Cash Awards
Accounting Policies: The Schedule of Expenditures of Federal Awards is prepared on the same basis of accounting as the district's financial statements. The Arlington School District uses the modified accrual basis of accounting. Expenditures represent only the federally funded portions of the program. District records shoudl be consulted to determine amounts expended or matched from non-federal sources.
De Minimis Rate Used: N
Rate Explanation: The Arlington 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 rate of 2.02%.
The amount of commodities reported on the scheudule is the value of commodities distributed by the Arlington School District during the current year and priced as prescribed by the United States Department of Argriculture (USDA).
Title: Note 5 - Transferability
Accounting Policies: The Schedule of Expenditures of Federal Awards is prepared on the same basis of accounting as the district's financial statements. The Arlington School District uses the modified accrual basis of accounting. Expenditures represent only the federally funded portions of the program. District records shoudl be consulted to determine amounts expended or matched from non-federal sources.
De Minimis Rate Used: N
Rate Explanation: The Arlington 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 rate of 2.02%.
As allowed by federal regulations, the Arlington School District No. 16 eleceted to transfer program funds. The district expended $31,585 from its Title II, Supporting Effective Instruction State Grants (84.367) on allowable activities of the Title III, English Language Acquistion State Grants (84.365). This amount is reflected in the expenditures of Title II, Supporting Effective Instruction State Grants (84.367)
Title: Note 6 - FEMA
Accounting Policies: The Schedule of Expenditures of Federal Awards is prepared on the same basis of accounting as the district's financial statements. The Arlington School District uses the modified accrual basis of accounting. Expenditures represent only the federally funded portions of the program. District records shoudl be consulted to determine amounts expended or matched from non-federal sources.
De Minimis Rate Used: N
Rate Explanation: The Arlington 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 rate of 2.02%.
Arlington School District incurred eligible expenditures is fiscal year 2020-2021 and FEMA approved the District's Project Worksheet in the fiscal year 2023-24. These eligible expenditures are included in the 2023-24 SEFA, (FEMA Diaster Assistance 97.036).