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 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.
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 received no federally funded personal protective equipment (PPE) from all sources.
The prior year's SEFA did not reflect the ending balance of $410,483.00 for project 772.
The District over coded expenses in JROTC by $74,038.52. They will not collect this amount in FY26.