Notes to SEFA
The accompanying Schedule of Expenditures of Federal Awards (Schedule) includes federal grant activity of Sheridan County School District #1 (the District). The District primarily receives federal awards indirectly through pass-through entities.
Federal program expenditures included in the accompanying Schedule are presented on the modified acccrual basis of accounting. The information in the Schedule is presented in accordance with requuirements of Title 2 CFR Part 200, Uniform Administrative Requirements, Cost Prinicples, and Audit Requirements for Federal Awards. The District has not elected to utilize the 10 percent de minmis indirect cost rate. There were no loans/loan guarantees. Items with an asterisk (*) are major programs. Non-monetary assistance is reported in the schedule at fair market value of commodities received and disbursed.