Notes to SEFA
The District uses the modified accrual method of recording transactions. Revenues are recorded when measurable and available. Expenditures are recorded when incurred.
The schedule of expenditures of federal awards reflects federal expenditures for all individual grants which were active during the fiscal year.
The ACCESS Program services is a medical assistance program that reimburses local educational agencies for direct eligible health-related services provided to enrolled special needs students. Reimbursements are federal source revenues but most funds received are classified as fee‑for‑service and are not considered federal financial assistance. The amount of ACCESS funding recognized on the schedule of expenditures of federal awards for the year ended June 30, 2023, was $76,956.
The School District has not elected to use the 10% de minimis indirect cost rate as allowed in the Uniform Guidance, Section 414.