Notes to SEFA
The accompanying schedule of expenditures of federal awards (the schedule) presents the activity of federal award programs administered by the 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 was prepared on the accrual basis of accounting and 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. Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of, the financial statements. Indirect costs are included in the reported expenditures to the extent that such costs are included in the Federal financial reports used as the source for the data presented. The de minimis election allows the District to allocate 10% of indirect costs to grants with periods ending on or before September 30, 2025 and 15% of indirect costs to grant with periods after September 30, 2025. The District does not use the de minimis election. The basis of accounting varies by federal program consistent with the underlying regulations pertaining to each program. The amounts reported as federal expenditures were obtained from the federal financial reports for the applicable program and periods. The amounts reported in these reports are prepared from records maintained for each program, which are reconciled with the District's financial reporting system.
The District is the recipient of a federal award program that does not result in cash receipts or disbursements termed a "non-monetary program". During the year ended June 30, 2025, the District expended $38,861 worth of commodities under the National School Lunch Program (Assistance Listing #10.555).
The accompanying schedule of expenditures of federal awards presents a column with the source code. The sources are as follows: Source Codes Type of Funding D Direct I Indirect
No amounts were provided to subrecipients.
Certain reclassifications have been made to the accrued/deferred revenue on the schedule of expenditures of federal awards as of July 1, 2024. These reclassifications are for comparative purposes only and have no net effect on the totals as originally reported.