Notes to SEFA
Title: NOTE C NONMONETARY FEDERAL AWARDS - DONATED COMMODITIES
Accounting Policies: NOTE A: SCOPE OF THIS SCHEDULE
The schedule of expenditures of federal awards reflects federal expenditures for all individual grants that were active during the fiscal year.
NOTE B: BASIS OF ACCOUNTING
The District uses the modified accrual method of recording transactions except as noted for the accounting of donated commodities in Note C. Revenues are recorded when measurable and available. Expenditures are recorded when incurred.
De Minimis Rate Used: N
Rate Explanation: The District has not elected to use the 10 percent de minimis indirect cost rate allowed under the Uniform Guidance.
The Commonwealth of Pennsylvania distributes federal surplus food to institutions (schools, hospitals, and prisons) and to the needy. Expenditures reported in the schedule of expenditures of federal awards under ALN 10.555 represent surplus food consumed by the District during the 2023-2024 fiscal year. The District has food commodities totaling $19,108 in inventory as of June 30, 2024.
Title: NOTE D ACCESS PROGRAM
Accounting Policies: NOTE A: SCOPE OF THIS SCHEDULE
The schedule of expenditures of federal awards reflects federal expenditures for all individual grants that were active during the fiscal year.
NOTE B: BASIS OF ACCOUNTING
The District uses the modified accrual method of recording transactions except as noted for the accounting of donated commodities in Note C. Revenues are recorded when measurable and available. Expenditures are recorded when incurred.
De Minimis Rate Used: N
Rate Explanation: The District has not elected to use the 10 percent de minimis indirect cost rate allowed under the Uniform Guidance.
The ACCESS Program is a medical assistance program that reimburses local educational agencies for direct eligible health-related services provided to enrolled special needs students. Reimbursements are federal source revenues but are classified as fee-for-service and are not considered federal financial assistance. The amount of ACCESS funding recognized for the year ended June 30, 2024 was $690,000.
Title: NOTE E ARRA PROGRAMS
Accounting Policies: NOTE A: SCOPE OF THIS SCHEDULE
The schedule of expenditures of federal awards reflects federal expenditures for all individual grants that were active during the fiscal year.
NOTE B: BASIS OF ACCOUNTING
The District uses the modified accrual method of recording transactions except as noted for the accounting of donated commodities in Note C. Revenues are recorded when measurable and available. Expenditures are recorded when incurred.
De Minimis Rate Used: N
Rate Explanation: The District has not elected to use the 10 percent de minimis indirect cost rate allowed under the Uniform Guidance.
The Qualified School Construction Bond Program ("QSCB") and Qualified Zone Academy Program ("QZAB") were authorized through the American Recovery and Reinvestment Tax Act ("ARRA"). These ARRA-funded programs are not covered by the single audit requirements and are not required to be included in the schedule of expenditures of federal awards ("SEFA") or in the determination of major programs. The total amount of federal subsidy reimbursements received totaled $882,320 for the year ended June 30, 2024.
Title: NOTE G SUBRECIPIENTS
Accounting Policies: NOTE A: SCOPE OF THIS SCHEDULE
The schedule of expenditures of federal awards reflects federal expenditures for all individual grants that were active during the fiscal year.
NOTE B: BASIS OF ACCOUNTING
The District uses the modified accrual method of recording transactions except as noted for the accounting of donated commodities in Note C. Revenues are recorded when measurable and available. Expenditures are recorded when incurred.
De Minimis Rate Used: N
Rate Explanation: The District has not elected to use the 10 percent de minimis indirect cost rate allowed under the Uniform Guidance.
The District has not passed any federal awards through to subrecipients.