Notes to SEFA
All federal programs as listed in the schedule of expenditures of federal and certain state awards are accounted for by the School District in the General Fund except for the U.S. Department of Agriculture programs which are accounted for in the School District’s Food Service Fund.
The accompanying schedule of expenditures of federal and certain state awards is presented using the modified accrual basis of accounting, which is described in Note A of the School District’s basic financial statements.
Donated foods were valued according to cost estimates provided by the U.S. Department of Agriculture.
The School District has not elected to use the 10% de minimis indirect cost rate as allowed in the Uniform Guidance, Section 414.