Notes to SEFA
Management has utilized the Michigan Department of Education NexSys Grant Auditor Report (GAR) in preparing the schedule of expenditures of federal awards (“SEFA”). See the table for a reconciliation of current year receipts per the SEFA to current payments per the GAR.
The amounts reported on the Recipient Entitlement Balance Report, or PAL Report, agree with this schedule for USDA donated food commodities and are reported in the cash receipts column.
Mason Consolidated Schools does not have any subrecipients.
The accompanying Schedule of Expenditures of Federal Awards includes adjustments made to amounts previously reported in prior periods. These adjustments were necessary to correct reporting errors. See the table which summarizes the nature of the adustments.
Revenues from federal sources are reported in the School District’s financial statements. See table for reconciliation.