The accompanying schedule of expenditures of federal awards (SEFA) includes the federal grant activity
of Central Heights Independent School District and is presented on the modified accrual basis of
accounting. The information in this schedule is presented on the modified accrual basis of accounting.
The information in this schedule is presented in accordance with the audit 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 amounts presented in this
schedule may differ from amounts presented in the general purpose financial statements.
For all federal programs, the District uses the fund types specified in Texas Education Agency's Financial
Accountability System Resource Guide. Special revenue funds are used to account for resources
restricted to, or designated for, specific purposes by a grantor. Federal and state financial assistance
generally is accounted for in a Special Revenue Fund.
Federal grant funds are considered to be earned to the extent of expenditures made under the
provisions of the grant, and, accordingly, when such funds are received, they are recorded as unearned
revenues until earned.
The period of availability for federal grant funds for the purpose of liquidation of outstanding
obligations made on or before the ending date of the federal project period extended 30 days beyond
the federal project period ending date, in accordance with provisions in Section H, Period of Availability
of Federal Funds, Part 3 Uniform Guidance Compliance Statement - Provisional 6/97.
Central Heights Independent School District has not elected to use the de minimis indirect cost rate as
allowed under Uniform Guidance.
The District did not expense any federal funds in the form of loans and loan guarantees or federallyfunded
insurance. The District received noncash assistance in the form of food commodities in the Child
Nutrition Cluster.