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 Longview School District's financial statements. The Longview 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: Note 2 - Federeal De Minimis Indirect Rate
The Longview School District has not elected to use the 10-percent de minimis indirect cost rate allowed under Uniform Guidance. The Longview School District used the federal restricted rate of 5.88% or unrestricted rate of 15.63%, as specified by the grant.
The amounts shown as current year expenses represent only the federal award portion of the program costs. Entire program costs, including the Longview 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 Aards, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
Title: Note 4 - School Wide Programs
Accounting Policies: Note 1 - Basis of Accounting
This schedule is prepared on the same basis of accounting as the Longview School District's financial statements. The Longview 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: Note 2 - Federeal De Minimis Indirect Rate
The Longview School District has not elected to use the 10-percent de minimis indirect cost rate allowed under Uniform Guidance. The Longview School District used the federal restricted rate of 5.88% or unrestricted rate of 15.63%, as specified by the grant.
The Longview School District operates a "schoolwide program" in eight elementary buildings and one middle school building. 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 Longview School District in its schoolwide program: Title I 84.010, $2,524,174.75.
Title: Note 5 - Transferability
Accounting Policies: Note 1 - Basis of Accounting
This schedule is prepared on the same basis of accounting as the Longview School District's financial statements. The Longview 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: Note 2 - Federeal De Minimis Indirect Rate
The Longview School District has not elected to use the 10-percent de minimis indirect cost rate allowed under Uniform Guidance. The Longview School District used the federal restricted rate of 5.88% or unrestricted rate of 15.63%, as specified by the grant.
As allowed by federal regulations, the Longview School District elected to transfer program funds. The district transferred $195,996.00 from its Title IV, Student Support and Academic Enrichment Program (84.424) on allowable activities of the Title II Part A, Supporting Effective Instruction (84.367).