Notes to SEFA
The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal award activity of Yuma School District-1 under programs of the federal government for the year ended June 30, 2025. The information in this Schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations (CFR), Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Because the Schedule presents only a selected portion of the operations of Yuma School District-1, it is not intended to and does not present the financial position, changes in net position, or cash flows of Yuma School District-1.
Expenditures reported on the Schedule are reported on the modified accrual basis of accounting. Therefore, some amounts presented in this Schedule may differ from amounts presented in, or used in the preparation of, the financial statement(s) of the federal program. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
Yuma School District-1 has elected not to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance.
Yuma School District-1 did not pass through any federal grants to subrecipients.
See the Notes to the SEFA for chart/table.