Notes to SEFA
The accompanying Schedule of Expenditures of Federal Awards includes the federal grant activity of DuQuoin CUSD 300 and is presented on the regulatory basis of accounting based on financial reporting provisions of the Illinois State Board of Education, which is a basis of accounting other than accounting principles generally accepted in the United States of America. The information in this schedule is presented in accordance with the requirements of the Office of Management and Budget 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 basic financial statements.
Auditee did not elect to use 10% de minimis cost rate.
Of the federal expenditures presented in the schedule DuQuoin CUSD 300 did not provide any federal awards to subrecipients.
The following amounts were expended in the form of non-cash assistance by DuQuoin CUSD 300 and should be included in the Schedule of Expenditures of Federal Awards: Non Cash Commodities (AL 10.555) $26,012, Other Non Cash Assistance - Dept. of Defense Fruits & Vegetables $24,517 Total Non-Cash $50,529.
Insurance coverage in effect paid with Federal funds during the year: Property $0, Auto $0, General Liablility $0, Workers Compensation $0, Loans/Loan Guarantees Outstanding at June 30 $0, District had Federal grants requiring matching expenditures? NO.