Notes to SEFA
The accompanying Schedule of Expenditures of Federal Awards includes the federal grant activity of Teton County School District No. 1 and is presented on the modified accrual 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).
The District applied for and was approved by the State of Wyoming, Department of Education to use a 6.19% indirect cost rate for restricted programs and 8.23% indirect cost rate for unrestricted programs. These rates were approved for the period July 1, 2024 through June 30, 2025.