Notes to SEFA
Title: Note A - Basis of Presentation
Accounting Policies: GAAP
De Minimis Rate Used: N
Rate Explanation: The ESC has an approved Indirect Cost Plan with the Ohio Department of Education for the year ended June 30,
2024. The Restricted Indirect Cost Rate was 2.58% and the Unrestricted Indirect Cost Rate was 10.58%.
The accompanying Schedule of Expenditures of Federal Awards (the Schedule) includes the federal award activity
of the Educational Service Center of Eastern Ohio, Mahoning County, (the ESC) under programs of the federal
government for the year ended June 30, 2024. The information on this Schedule is prepared in accordance with the
requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost
Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Because the Schedule presents only
a selected portion of the operations of the ESC, it is not intended to and does not present the financial position or
changes in net position of the ESC
Title: Note B - Summary of Significant Accounting Policies
Accounting Policies: GAAP
De Minimis Rate Used: N
Rate Explanation: The ESC has an approved Indirect Cost Plan with the Ohio Department of Education for the year ended June 30,
2024. The Restricted Indirect Cost Rate was 2.58% and the Unrestricted Indirect Cost Rate was 10.58%.
Expenditures reported on the Schedule are reported on the cash basis of accounting. Such expenditures are
recognized following the cost principles contained in Uniform Guidance wherein certain types of expenditures may
or may not be allowable or may be limited as to reimbursement.
Title: Note C - Indirect Cost Rate
Accounting Policies: GAAP
De Minimis Rate Used: N
Rate Explanation: The ESC has an approved Indirect Cost Plan with the Ohio Department of Education for the year ended June 30,
2024. The Restricted Indirect Cost Rate was 2.58% and the Unrestricted Indirect Cost Rate was 10.58%.
The ESC has an approved Indirect Cost Plan with the Ohio Department of Education for the year ended June 30,
2024. The Restricted Indirect Cost Rate was 2.58% and the Unrestricted Indirect Cost Rate was 10.58%.
Title: Note D - Child Nutrition Cluster
Accounting Policies: GAAP
De Minimis Rate Used: N
Rate Explanation: The ESC has an approved Indirect Cost Plan with the Ohio Department of Education for the year ended June 30,
2024. The Restricted Indirect Cost Rate was 2.58% and the Unrestricted Indirect Cost Rate was 10.58%.
The ESC commingles cash receipts from the U.S. Department of Agriculture with similar State grants. When
reporting expenditures on this Schedule, the ESC assumes it expends federal monies first.
Title: Note E - Transfer Between Program Years
Accounting Policies: GAAP
De Minimis Rate Used: N
Rate Explanation: The ESC has an approved Indirect Cost Plan with the Ohio Department of Education for the year ended June 30,
2024. The Restricted Indirect Cost Rate was 2.58% and the Unrestricted Indirect Cost Rate was 10.58%.
Federal regulations require schools to obligate certain federal awards by June 30. However, with ODE’s consent,
schools can transfer unobligated amounts to the subsequent fiscal year’s program. The ESC transferred the
following amounts from 2024 to 2025 programs:
Title: Note F - Ohio Department of Health Receipts
Accounting Policies: GAAP
De Minimis Rate Used: N
Rate Explanation: The ESC has an approved Indirect Cost Plan with the Ohio Department of Education for the year ended June 30,
2024. The Restricted Indirect Cost Rate was 2.58% and the Unrestricted Indirect Cost Rate was 10.58%.
The following table shows Federal grant receipts that were received during July 1, 2023 to June 30, 2024 for grants
that were passed through the Ohio Department of Health to the ESC.