Notes to SEFA
Certain Child Nutrition Cluster expenditures of federal awards are based on the amount of federal funding received for each of the programs. Since the amount of total expenditures for the operation of these programs exceeds the amount of the federal awards received, it is presumed that the total revenue received from the federal award has been expended. The amount of expenditures funded by meal sales, sponsor’s contributions, and state matching funds for the National School Breakfast and Lunch Program has not been included in the Schedule of Expenditures of Federal Awards.
The Lincoln County Board of Education’s non-cash assistance received from the U.S. Department of Agriculture of $54,880 is included in the Schedule of Expenditures of Federal Awards based upon the fair market value of the commodities at the time of receipt and reflects the amount distributed for the year ended June 30, 2025.
The Lincoln County Board of Education did not pass through any federal funds to subrecipients during the year ended June 30, 2025.