Notes to SEFA
The Schedule of Expenditures of Federal Awards includes the federal grant activity of the Coweta County Board of Education (the “School System”) and is presented on the accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations (“CFR”) 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, or used in the preparation of, the financial statements
The Child Nutrition Cluster includes $975,982 of non-cash expenditures in the form of donated food commodities.
The School System elected not to use the allowable de minimis cost rate for the year ended June 30, 2025
The School System did not pass through any funds to subrecipients for the year ended June 30, 2025.
The School System has included on the schedule of expenditures of federal awards $5,493,006 in expenditures under Assistance Listing 97.036 – Disaster Grants Program. These expenditures were incurred in a prior year and approved for reimbursement in the current fiscal year.