Notes to SEFA
The accompanying Schedule of Expenditures of Federal Awards includes the federal grant activity of Chaney-Monge School District No. 88 and is presented on the regulatory (modified cash) basis of accounting. The information in this schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Therefore, some amounts presented in this schedule differed from amounts presented in, or used in the preparation of, the basic financial statements.
The schedule of expenditures of federal awards includes amounts that represent non-cash transactions. The value of these non-cash transactions was determined by the monthly commodities credits received against food purchases made during the fiscal year for the National School Lunch Program. Reconciliation of Schedule of Expenditures of Federal Awards to Financial Statements Revenues Per Schedule of Expenditures of Federal Awards $ 1,164,936 Less - Noncash Food Commodities ( 26,148) Add - Medicaid Fees-For-Services Program 5,799 Total Federal Revenues Per Financial Statements $ 1,144,587
Of the federal expenditures presented in the schedule, the District provided federal awards to the subrecipients as follows: Federal Amount Assistance Provided Program Title / Subrecipient Name Listing Number to Subrecipients IDEA Flow-Through : Lockport Area Special Education Cooperative 84.027A $ 27,595 Pre-School Flow Through: Lockport Area Special Education Cooperative 84.173A 3,369 Total $ 30,964
The District did not elect to use the 10% de minimis cost rate as covered in Uniform Guidance § 200.414 Indirect Facilities and Administration Costs.