Notes to SEFA
Nonmonetary assistance is reported in the Schedule at the fair market value of the commodities received and disbursed.
The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal award activity of Washington County School District No. 1, Blair Community Schools, Blair, Nebraska, under programs of the federal government for the year ended August 31, 2024. The information in this Schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Because the Schedule presents only a selected portion of the operations of Washington County School District No. 1, Blair Community Schools, Blair, Nebraska, it is not intended to and does not present the financial position, changes in net assets, or cash flows of Washington County School District No. 1, Blair Community Schools, Blair, Nebraska.
Expenditures reported on the schedule are reported on the modified cash basis of accounting.
Of the federal expenditures presented in the Schedule, Washington County School District No. 1, Blair Community Schools, Blair, Nebraska, provided no federal awards to subrecipients.
The District has elected not to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance.