Notes to SEFA
Title: NONCASH AWARDS
Accounting Policies: The information presented in the Schedule of Expenditures of Federal Awards is presented on a basisconsistent with the Units general-purpose financial statements. The grants included are all accounted foron a modified accrual basis of accounting which is described in the notes to the general-purpose financialstatements.
De Minimis Rate Used: Y
Rate Explanation: The auditee used the de minimis cost rate.
The amount of $38,407 is reported on the schedule is the value of commodities received by the Unitduring the current year and priced as prescribed by USDA and is included in the National School LunchProgram total.
Title: CHILD NUTRITION CLUSTER
Accounting Policies: The information presented in the Schedule of Expenditures of Federal Awards is presented on a basisconsistent with the Units general-purpose financial statements. The grants included are all accounted foron a modified accrual basis of accounting which is described in the notes to the general-purpose financialstatements.
De Minimis Rate Used: Y
Rate Explanation: The auditee used the de minimis cost rate.
The Unit commingles cash receipts from the U.S. Department of Agriculture with similar State grants.When reporting expenditures on this Schedule, the Unit assumes it expends federal monies first.