Notes to SEFA
Accounting Policies: Summary of Significant Accounting Policies - Expenditures reported on the schedule are reported on the modified
accrual basis of accounting. Expenditures are recognized following the cost principles in the Uniform Guidance
as applicable, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
Negative amounts (if any) shown on the schedule represent adjustments or credits made in the normal course
of business to amounts reported as expenditures in prior years. Pass-through entity identifying numbers
are presented where available.
Noncash Assistance - The value of noncash assistance received was determined in accordance with the provisions
of the Uniform Guidance. The grantee received no noncash assistance during the year ended June 30, 2023 that
is not included on the schedule of expenditures of federal awards.
The District did not pass-through any federal awards to sub recipients.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de mininus cost rate.