Notes to SEFA
Title: NOTE 1— BASIS OF ACCOUNTING
Accounting Policies: This Schedule is prepared on the same basis of accounting as the Tenino School District’s financial statements. The Tenino School District uses the 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 nonfederal sources.
De Minimis Rate Used: N
Rate Explanation: The Tenino School District has not elected to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance. The Tenino School District used the federal restricted rate of 4.35% and unrestricted rate of 20.95%.
This Schedule is prepared on the same basis of accounting as the Tenino School District’s financial statements. The Tenino School District uses the 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 nonfederal sources.
Title: NOTE 2— FEDERAL DE MINIMIS INDIRECT RATE
Accounting Policies: This Schedule is prepared on the same basis of accounting as the Tenino School District’s financial statements. The Tenino School District uses the 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 nonfederal sources.
De Minimis Rate Used: N
Rate Explanation: The Tenino School District has not elected to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance. The Tenino School District used the federal restricted rate of 4.35% and unrestricted rate of 20.95%.
The Tenino School District has not elected to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance. The Tenino School District used the federal restricted rate of 4.35% and unrestricted rate of 20.95%.
Title: NOTE 3 —NONCASH AWARDS
Accounting Policies: This Schedule is prepared on the same basis of accounting as the Tenino School District’s financial statements. The Tenino School District uses the 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 nonfederal sources.
De Minimis Rate Used: N
Rate Explanation: The Tenino School District has not elected to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance. The Tenino School District used the federal restricted rate of 4.35% and unrestricted rate of 20.95%.
The amount of commodities reported on the schedule is the value of commodities distributed by the Tenino School District during the current year and priced as prescribed by the USDA.
Title: NOTE 4 —SCHOOLWIDE PROGRAMS
Accounting Policies: This Schedule is prepared on the same basis of accounting as the Tenino School District’s financial statements. The Tenino School District uses the 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 nonfederal sources.
De Minimis Rate Used: N
Rate Explanation: The Tenino School District has not elected to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance. The Tenino School District used the federal restricted rate of 4.35% and unrestricted rate of 20.95%.
The Tenino School District operates a “schoolwide program” in two elementary 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 Tenino School District in its schoolwide program: Title I (84.010) $339,509.58.
Title: NOTE 5 —TRANSFERABILITY
Accounting Policies: This Schedule is prepared on the same basis of accounting as the Tenino School District’s financial statements. The Tenino School District uses the 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 nonfederal sources.
De Minimis Rate Used: N
Rate Explanation: The Tenino School District has not elected to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance. The Tenino School District used the federal restricted rate of 4.35% and unrestricted rate of 20.95%.
As allowed by federal regulations, the Tenino School District elected to transfer program funds. The district expended $5,500 from its Title IV, Part A Supporting Effective Instruction State Grants (84.424) on allowable activities of the Title I, Part A Grants to Local Educational Agencies (84.010). This amount is reflected in the expenditures of Title I, Part A Grants to Local Educational Agencies (84.010.)