Notes to SEFA
The accompanying Schedule of Expenditures of Federal Awards includes the federal grant activity of Century CUSD 100 and is presented on the modified cash basis of accounting. The information in this schedule is presented in accordance with the requirements of the Office of Management and Budget Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards. Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of, the basic financial statements.
The Auditee elected not to use the 10% de minimis cost rate.
Of the federal expenditures presented in the schedule, Century CUSD 100 provided no federal awards to subrecipients.
The following amounts were expended in the form of non-cash assistance by Century CUSD 100 and should be included in the Schedule of Expenditures of Federal Awards: Non-Cash Commodities (AL 10.555) $11,065; Other Non-Cash Assistance - Dept. of Defense Fruits & Vegetables $6,726; Total Non-Cash $17,791.