Notes to SEFA
Expenditures reported on the Schedule are reported on the modified accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance and OMB Compliance Supplement, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
During the fiscal year ended June 30, 2025, the District had a shared service agreement with the La Villa ISD for the 21st Century Program. Amounts passed through La Villa ISD totaled $125.257.
During the fiscal year ended June 30, 2025, the District had no outstanding federal loans payable or loan guarantees.
During the fiscal year ended June 30, 2025, the District had no federally funded insurance.
During the year ended June 30, 2025, the District received $18,838 of federal awards in the form of noncash assistance under the National School Lunch Program.
Total Federal Award Expended $24,140,198 (SEFA Total) - SHARS $42,811 (199-5931) = Exhibit C-3 $24,183,009. Amount Per ASCII File $24,183,012 (Total 59%). Difference ($24,183,009 - $24,183,012) = (3).