Notes to SEFA
Extensive compliance tests, as required by the Single Audit Act of 1996, was performed on the Education Stabilization Fund and the Title I Grants to LEAs which represents 53% of the total expenditures reflected on the Schedule of Expenditures of Federal Awards. The Education Stabilization Fund and Title I Grants to LEAs exceed $815,309 and, therefore, represent the programs to which we had to apply the specific compliance requirements.
The commodities are value at market value, which represents the cost to replace these commodities.
The School District had a receivable $243,819 for the Medical Assistance reimbursements for the ACCESS program as of June 30, 2024. During the current year, the School District received this amount. The ACCESS program is the medical assistance (MA) program that reimburses school entities for direct, eligible health related services provided to MA enrolled special needs children. These reimbursements are classified as federal money in the School's account code structure; however, these funds are not restricted in use like other federal monies. ACCESS reimbursements are classified as fee-for-service revenues, and are not considered federal financial assistance, which results in ACCESS funds not being reported on the School District's Schedule of Expenditures of Federal Awards. During the current year, the School District earned $292,067, which is recognized as a receivable as of June 30, 2025.
The School District has no subrecipients.