Audit 375446

General: The accompanying Schedule of Expenditures of Federal Awards (the “Schedule”) presents the activity of all federal award programs of Schiller Park School District 81 (the “District”). The District’s reporting entity is defined in Note 1 to the District’s financial statements. Basis of Presentation: The accompanying Schedule includes the federal award activity of the District under programs of the federal government for the years ended June 30, 2025 and 2024. The information in this Schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Because the Schedule presents only a selected portion of the operations of the District, it is not intended to and does not present the financial position or changes in net position, of the District. Basis of Accounting: Expenditures reported on the Schedule are reported on the modified accrual basis of accounting, which is described in Note 1 to the District’s financial statements. Such expenditures are recognized following the cost principles contained in Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards, wherein certain types of expenditures are not allowable or are limited as to reimbursement. Negative amounts shown on the Schedule represent adjustments or credits made in the normal course of business to amounts reported as expenditures in prior years. Relationship to Program Financial Reports: Amounts reported in the accompanying Schedule were obtained from amounts reported in the Program Financial Reports for programs for which the District has filed final reports as of June 30, 2025, with the Illinois State Board of Education. De Minimis Cost Rate: The District has elected not to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance. Subrecipients: The District made no payments to subrecipients during the year. Noncash Awards: The District received non-cash assistance from the Fresh Fruits and Vegetables and Commodities program from the U.S. Department of Agriculture awards passed through the Illinois State Board of Education. There were no loans or insurance in force during the year provided by a Federal agency.