Notes to SEFA
Greater Latrobe School District (the “District”) is the reporting entity for financial reporting purposes as defined in Note 1 to the District’s financial statements.
The accompanying schedule of expenditures of federal awards has been prepared on the basis of accounting practices prescribed or permitted by the Manual of Accounting and Related Financial Procedures for Pennsylvania School Systems, issued by the Pennsylvania Department of Education. These practices, as they apply to the District, are in conformity with U.S. generally accepted accounting principles. The District did not elect to use the 10% de minimis indirect cost rate as allowed under Uniform Guidance.
Non-monetary assistance was received from the U.S. Department of Agriculture (the USDA) in the amount of $171,506 in the form of commodities. These commodities are valued at the USDA's approximate costs. During the year ended June 30, 2025, the District used $171,718 in commodities and established a year-end inventory of $11,324. The amount recognized as revenue of $171,718 represents the commodities used versus the commodities received.