Notes to SEFA
The District is the recipient of a federal award program that does not result in cash receipts or disbursements. The District was granted approximately $23,700 of commodities under the National School Lunch Program (CFDA 10.555).
The accompanying schedule of expenditures of federal awards presents the activity of federal award programs administered by the Tully Central School District, which is described in Note 1 to the District’s accompanying financial statements, using the modified accrual basis of accounting. Federal awards that are included in the schedule may be received directly from federal agencies, as well as federal awards that are passed through from other government agencies. The information in this schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of, the financial statements. CFDA numbers and pass-through numbers are provided, when available.