The accompanying schedule of expenditures of federal awards presents the activity of federal
award programs administered by BOCES, which is described in Note 1 to BOCES'
accompanying financial statements using the modified accrual basis of accounting. Federal
awards that are included in the schedule may be received directly from federal agencies, as well
as federal awards that are passed through from other government agencies. The information is
presented 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). Therefore, some amounts presented in this schedule may differ
from amounts presented in, or used in the preparation of, the financial statements.
Certain of the BOCES' federal award programs have been charged with indirect costs, based
upon a rate established by New York State, and BOCES has elected not to use the 10% de
minimis indirect cost rate allowed under the Uniform Guidance applied to overall expenditures.
Matching costs (BOCES' share of certain program costs) are not included in the reported
expenditures. The basis of accounting varies by federal program consistent with the underlying
regulations pertaining to each program. The amounts reported as federal expenditures were
obtained from the federal financial reports for the applicable program and periods. The amounts
reported in these reports are prepared from records maintained for each program, which are
reconciled with BOCES' financial reporting system.
No amounts were provided to subrecipients.
No insurance is carried specifically to cover equipment purchased with federal funds. Any
equipment purchased with federal funds has only a nominal value, and is covered by BOCES'
casualty insurance policies.