Notes to SEFA
Federal funding for Food Services under child nutrition programs is primarily based upon the number and type of meals served and user charges as reported to the U.S. Department of Agriculture. Federal and state funding received related to various other grant programs is based upon periodic reports detailing reimbursable expenditures made in compliance with the program guidelines to the grantor agencies. The programs are governed by various rules and regulations of the grantors. Amounts received and receivable under these various funding programs are subject to periodic audit and adjustment by the funding agencies. To the extent, if any, that the District has not complied with all the rules and regulations with respect to performance, financial or otherwise, adjustment to or return of funding monies may be required. In the opinion of the District’s management, there are no significant contingent liabilities relating to matters of compliance and, accordingly, no provision has been made in the basic financial statements for such contingencies.
Under the Commodity Supplement (Assistance Listing Number 10.555), the District received like kind goods during the year. The monetary value of these goods was $3,252,490 for the year ended June 30, 2025.
Federal financial assistance programs are reported in District’s financial statements in the General Fund, Federal Grant Fund and Enterprise Fund. Certain amounts have been excluded from the schedule of expenditures of federal awards by request of the funding agency as these amounts are not considered federal financial assistance as defined by the Uniform Guidance. A reconciliation of the schedule of federal awards to the basic financial statements is as follows: See the Notes to the SEFA for table.