Notes to SEFA
The accompanying schedule of expenditures of federal awards includes the federal grant activity of Fremont County School District Number 24 and is presented on the modified accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of Uniform Guidance, Audits of States, Local Governments, and Non-profit Organizations. The District is eligible to apply a 10-14% de minimis indirect cost rate on certain grants that have been awarded. The District has evaluated the application of indirect costs on a grant-by-grant basis.