Notes to SEFA
The accompanying schedule of expenditures of federal awards (the “Schedule”) includes thefederal award activity of West Carroll Parish School Board under programs of the federal government for the year ended June 30, 2025. 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 West Carroll Parish School Board, it is not intended to and does not present the financial position, changes in net assets, or cash flows of West Carroll Parish School Board.
The accompanying Schedule of Federal Awards is presented sing the modfied acccrual basis of accounting, wich is described in Note 1 to School Board's basic financial statements for the year end June 30, 2025. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expendiures are not allowable or are limited as to reimbursement.
The commodities received, which are noncash reveneus, are valued using pricing provided by the United States Departement of Agriculture.
No amounts were provided to subrecipients
The School Board has elected not to use 10 percent de minimis indirect cost rate allowed under the Uniform Guidance.