Notes to SEFA
Title: Note 2: Major Federal Programs
Accounting Policies: The Schedule of Expenditures of Federal Awards has been prepared on the accrual basis of accounting. Revenues were adjusted to balance the expenditures incurred for each project.
De Minimis Rate Used: N
Rate Explanation: The School District has not elected to use the 10% de minimis indirect cost rate.
An extensive compliance test, as required by Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance) was performed on the and the Education Stabilization Fund and Title I Grants to Local Educational Agencies Program, which represent 66% of the total expenditures reflected on the Schedule of Expenditures of Federal Awards. Education Stabilization Fund and Title I Grants to Local Educational Agencies Program exceeded $2,197,862. and, therefore represernt the only programs to which the specific compliance requirements must be tested.
Title: Note 3: In-Kind Federal Support
Accounting Policies: The Schedule of Expenditures of Federal Awards has been prepared on the accrual basis of accounting. Revenues were adjusted to balance the expenditures incurred for each project.
De Minimis Rate Used: N
Rate Explanation: The School District has not elected to use the 10% de minimis indirect cost rate.
USDA Donated Commodities are valued at market value, which represents the costs to replace those commodities.
Title: Note 4: Medical Assistance Reimbursements
Accounting Policies: The Schedule of Expenditures of Federal Awards has been prepared on the accrual basis of accounting. Revenues were adjusted to balance the expenditures incurred for each project.
De Minimis Rate Used: N
Rate Explanation: The School District has not elected to use the 10% de minimis indirect cost rate.
During the current year, the School District received $0 for the ACCESS program. The ACCESS program is the medical assistance (MA) program that reimburses school entities for direct, eligible health-related services provided to MA enrolled, special needs children. These reimbursements are classified as federal money in the School District's account code structure; however, these funds are not restricted in use like the other federal monies. ACCESS reimbursements are classified as fee-for-service revenues, and are not considered federal financial assistance, which results in ACCESS funds not being reported on the School District's Schedule of Expenditures of Federal Awards. Expenditures totaling $0 were recognized in the current year.
Title: Note 6: Pass-Through to Subrecipients
Accounting Policies: The Schedule of Expenditures of Federal Awards has been prepared on the accrual basis of accounting. Revenues were adjusted to balance the expenditures incurred for each project.
De Minimis Rate Used: N
Rate Explanation: The School District has not elected to use the 10% de minimis indirect cost rate.
The School District did not pass any federal funds to subrecipients.