Title: Organization
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards includes the federal grant activity of theDistrict and is presented on the Kansas regulatory basis of accounting which includes cash disbursements,accounts payable and encumbrances. The information presented in this schedule is in accordance with therequirements of Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform AdministrativeRequirements, Cost Principles, and Audit Requirements for Federal Awards. Therefore, some amountspresented in this schedule may differ from amounts presented in or used in the preparation of the basicfinancial statements.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
Unified School District No. 416, Louisburg, Kansas (the District), is the recipient of several federal awards. Allfederal awards received directly from federal agencies as well as those awards that are passed through othergovernment agencies, are included on the Schedule of Expenditures of Federal Awards.
Title: Local Government Contributions
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards includes the federal grant activity of theDistrict and is presented on the Kansas regulatory basis of accounting which includes cash disbursements,accounts payable and encumbrances. The information presented in this schedule is in accordance with therequirements of Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform AdministrativeRequirements, Cost Principles, and Audit Requirements for Federal Awards. Therefore, some amountspresented in this schedule may differ from amounts presented in or used in the preparation of the basicfinancial statements.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
Local cost sharing is required by certain federal grants. The amount of cost sharing varies with each program.Only the federal share of expenditures is presented in the Schedule of Expenditures of Federal Awards.
Title: Additional Audits
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards includes the federal grant activity of theDistrict and is presented on the Kansas regulatory basis of accounting which includes cash disbursements,accounts payable and encumbrances. The information presented in this schedule is in accordance with therequirements of Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform AdministrativeRequirements, Cost Principles, and Audit Requirements for Federal Awards. Therefore, some amountspresented in this schedule may differ from amounts presented in or used in the preparation of the basicfinancial statements.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
Grantor agencies reserve the right to conduct additional audits of the Districts grant programs for economyand efficiency and program results that may result in disallowed costs to the District. However, managementdoes not believe such audits would result in any disallowed costs that would be material to the Districtsfinancial position as of June 30, 2022.
Title: Outstanding Loans
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards includes the federal grant activity of theDistrict and is presented on the Kansas regulatory basis of accounting which includes cash disbursements,accounts payable and encumbrances. The information presented in this schedule is in accordance with therequirements of Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform AdministrativeRequirements, Cost Principles, and Audit Requirements for Federal Awards. Therefore, some amountspresented in this schedule may differ from amounts presented in or used in the preparation of the basicfinancial statements.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
The District did not have any outstanding loans under any federal grants as of June 30, 2022.
Title: Pass Through Numbers
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards includes the federal grant activity of theDistrict and is presented on the Kansas regulatory basis of accounting which includes cash disbursements,accounts payable and encumbrances. The information presented in this schedule is in accordance with therequirements of Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform AdministrativeRequirements, Cost Principles, and Audit Requirements for Federal Awards. Therefore, some amountspresented in this schedule may differ from amounts presented in or used in the preparation of the basicfinancial statements.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
Pass through numbers have not been assigned to pass through grants on the Schedule of Expenditures of Federal Awards.