Notes to SEFA
Basis of Presentation The accompanying Schedule of Expenditures of Federal Awards presents the activity of all federal award programs administered by Salamanca City Central School District (the District), an entity as defined in Note 1 to the District’s basic financial statements. Federal awards received directly from federal agencies, as well as federal awards passed through from other governmental agencies, are included on the Schedule of Expenditures of Federal Awards. Basis of Accounting The District uses the modified accrual basis of accounting for each federal program, consistent with the fund basis financial statements. The amounts reported as federal expenditures generally were obtained from the appropriate federal financial reports for the applicable programs and periods. The amounts reported in these federal financial reports are prepared from records maintained for each program, which are periodically reconciled with the District’s financial reporting system. Indirect Costs The District allocates indirect costs to direct programs at a de minimis rate of 3%, consistent with the rates approved by New York State for pass-through grants. Non-Monetary Federal Program The District is the recipient of a federal award program that does not result in cash receipts or disbursements, termed a “nonmonetary program.” During the year ended June 30, 2025, the District used $40,606 worth of commodities under the National School Lunch Program (Assistance Listing Number 10.555).