Notes to SEFA
SHARS and $91,344 of indirect costs are accounted for in the general fund. The Child Nutrition Cluster Program and Child and Adult Care Food Program are accounted for in the General Fund. Expenditures are not specifically attributable to these revenues and are shown on this schedule in an amount equal to revenue for balancing purposes only. Reconciliation - Amount of federal revenues Exhibit C‐3 $3,972,104 Less amounts not considered to be federal awards, excluded on the Schedule of Expenditures of Federal Awards: School Health and Related Service Program (SHARS) ($76,720) and ERATE ($33,415) equal Total expenditures of federal awards, per the Schedule of Expenditures of Federal Awards (Exhibit K‐1) $3,861,969.
The District did not have any federal loans or loan guarantees outstanding during the year ended June 30, 2025.
The District did not receive any noncash assistance or federally funded insurance during the year ended June 30, 2025.
Grant monies received and disbursed by the District are for specific purposes and are subject to review by the grantor agencies. Such audits may result in requests for reimbursement due to disallowed expenditures. Based upon experience, the District does not believe that such disallowance, if any, would have a material effect on the financial position of the District.
The District is also the sub-recipient of federal funds that have been subjected to testing and are reported as expenditures and listed as federal pass-through funds. Federal awards other than those indicated as pass-through are considered to be direct.