Notes to SEFA
Accounting Policies: I. PURPOSE OF SCHEDULEThe accompanying schedule of expenditures of federal awards (the schedule) includes the federalaward activity of Columbia Gorge Education Service District under programs of the federal governmentfor the year ended June 30, 2022. The information in this schedule is presented in accordance with therequirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirement,Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Because the Schedulepresents only a selected portion of the operations of Columbia Gorge Education Service District, it is notintended to and does not present the financial position, changes in net position, or cash flows ofColumbia Gorge Education Service District.II. SIGNIFICANT ACCOUNTING POLICIESA. Basis of PresentationExpenditures reported on the schedule are reported on the modified accrual basis of accounting. Suchexpenditures are recognized following the cost principles contained in the Uniform Guidance, whereincertain types of expenditures are not allowable or are limited as to reimbursement. Columbia GorgeEducation Service District has elected not to use the 10 percent de minimis indirect cost rate allowedunder the Uniform Guidance.B. Federal Financial AssistancePursuant to the Uniform Guidance, federal financial assistance is defined as assistance provided by afederal agency, either directly or indirectly, in the form of grants, contracts, cooperative agreements,loans, loan guarantees, property, interest subsidies, insurance, or direct appropriations. Accordingly,non-monetary federal assistance, including federal surplus property, is included in federal financialassistance and, therefore, is reported on the schedule of expenditures of federal awards, if applicable.Federal financial assistance does not include direct federal cash assistance to individuals. Solicitedcontracts between the state and federal government for which the federal government procures tangiblegoods or services are not considered to be federal financial assistance.C. Major ProgramsThe Uniform Guidance establishes criteria to be used in defining major federal financial assistanceprograms. Major programs for the District are those programs selected for testing by the auditor using arisk assessment model, as well as certain minimum expenditure requirements, as outlined in theUniform Guidance.D. Reporting EntityThe reporting entity is fully described in the notes to the Districts basic financial statements.Additionally, the schedule of expenditures of federal awards includes all federal programs administeredby the District for the year ended June 30, 2022.E. Revenue and Expenditure RecognitionThe receipt and expenditure of federal awards are accounted for under the modified accrual basis ofaccounting.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.