Notes to SEFA
Nonmonetary assistance is recorded in the schedule at the fair market value of the commodities received and disbursed. The District was granted $99,158 of commodities under the National School Lunch Programs.
All federal grants of the District are included in the scope of the single audit.
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 the District's casualty insurance policies. There were no loans or loan guarantees outstanding at year-end.