Notes to SEFA
The accompanying schedule of expenditures of federal awards presents the activity of all federal financial assistance programs of the School District. The School District's reporting entity is defined in Note A to the School District's financial statements. Federal financial assistance received directly from federal agencies, as well as federal financial assistance passed through other government agencies, is included on the schedule.
The accompanying schedule of expenditures of federal awards is presented using the modified accrual basis of accounting
The School District has not elected to use the de minimis indirect cost rate allowed in the Uniform Gudance, Section 414.