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 includes the federal grant activity of the School District of Upper Moreland Township and is presented on the modified accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of the Uniform Guidance. Therefore, some amounts presented in this schedule may differ from amount presented in, or used in the presentation or, the 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 of the de minimis indirect cost rate as allowed in the Uniform Guidance, Section 414.