Notes to SEFA
The schedule of expenditures of federal awards is prepared on the same basis of accounting as the District’s financial statements. The District uses the cash basis of accounting which is a departure from accounting principles generally accepted in the United States of America (GAAP).
The amount shown as current year expenditures represents only the federal grant portion of the program costs. Entire program costs, including the District’s portion, may be more than shown.
The amount expended includes up to 40.83% of salary and benefit cost as an indirect cost using a Washington State Department of Health approved indirect rate. Some federal and state programs allow less than this rate.