Notes to SEFA
The Federal award revenues reported in the School Board's basic financial statements
Amounts reported in the accompanying schedule agree with the amounts reported in the related federal financial reports except for changes made to reflect amounts in accordance with accounting principles generally accepted in the United States of America.
For those funds that have matching revenues and state funding, federal expenditures were determined by deducting matching revenues from total expenditures
The commodities received, which are non-cash revenues, are valued using prices provided by the United States Department of Agriculture.