Notes to SEFA
The accompanying Schedule of Expenditures of Federal Awards (SEFA) includes the federal grant awards activity of Ontario School District 8C (the District) under programs of the federal government for the year ended June 30, 2025. The information in this SEFA 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). Because the SEFA presents only a selected portion of the operations of the District, it is not intended to, and does not, present the financial position, changes in net position, or cash flows of the District.
Expenditures reported in the SEFA are reported on the modified accrual basis of accounting. 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. Negative amounts shown on the SEFA represent adjustments or credits made in the normal course of business to amounts reported as expenditures in prior years.
The District has elected not to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance, and instead uses the rate approved annually by Oregon Department of Education.
The schedule of expenditures of federal awards includes amounts for food donations provided through the Child Nutrition Program. The value of the food is determined by the grantor and included in the total program value reported on the Schedule of Expenditures of Federal awards.