Notes to SEFA
The Schedule of Expenditures of Federal Awards is presented using the modified accrual basis of accounting. Awards is presented using the modified accrual basis of accounting. The District’s significant account policies, including the modified accrual basis of accounting, are presented in Note 1 of the basic financial statements. The information in the 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). Therefore, some of the amounts presented in this schedule may differ from amounts presented in, or used in the preparation of, the financial statements.
None of the federal programs expended by the District were provided to subrecipients.
The following is the reconciliation of federal revenues and the Schedule of Expenditures of Federal Awards for the year ended August 31, 2025: Total federal sources per financial statements for Governmental Funds $ 4,630,103 Total federal sources for financial statements for Proprietary Funds 483,592 Less reimbursements not reported in Schedule of Expenditures of Federal Awards: School Health & Related Services (SHARS) (273,821) Proprietary Funds - child care (no Assistance Listing Number) (173,496) Total federal expenditures on Schedule of Expenditures of Federal Awards $ 4,666,378