Audit 393195

FY End
2025-06-30
Total Expended
$3.42M
Findings
0
Programs
17
Organization: Woodward School District #i-1 (OK)
Year: 2025 Accepted: 2026-03-23

Organization Exclusion Status:

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Contacts

Name Title Type
Y133ENZK3U65 Rusty Puffinbarger Auditee
5802566063 Jay States Auditor
No contacts on file

Notes to SEFA

The Schedule of Expenditures of Federal Awards was prepared using the same accounting policies used in preparing the District's financial statements.
The District's policy is to recognize expenditures when encumbered (contracted for) rather than at the time the related fund liability is incurred.
The District policy is to expend Child Nutrition federal, state and local revenues, in that order, during each fiscal year. If there are any unexpended federal
or state funds remaining at the end of a fiscal year, those funds will be expended during the next fiscal year, prior to the utilization of current year funding.
The amount shown as received and expended in the Child Nutrition for commodities represents a nonmonetary value of the food commodities received.
Therefore, the total revenues and expenditures do not agree with the financial statements by this amount.
Indirect Costs are Included in the total expenditures.
The District has elected not to use the 10% de Minimis indirect cost rate allowed under Uniform Guidance.
The District reports they did not receive any federally funded personal protective equipment (PPE).