Notes to SEFA
The Schedule of Expenditures of Federal Awards (Schedule) includes the Federal award activity of the Lee County District School Board under programs of the Federal government for the fiscal year ended June 30, 2025. The information in this Schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Because the Schedule presents only a selected portion of the operations of the District, it is not intended to and does not present the financial position, changes in net position, or cash flows of the District.
Expenditures reported on the Schedule are reported on the modified accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
The District has elected not to use the 10 percent de minimis cost rate allowed under the Uniform Guidance.
a. National School Lunch Program – includes $4,399,429 of donated food received during the fiscal year. Donated foods are valued at fair value as determined at the time of donation.
a. Child Care Food Program - includes $225,961 of donated food received during the fiscal year. Donated foods are valued at fair value as determined at the time of donation.
Expenditures are related to grant number/program 19-FL-2024-192902
Expenditures include $774,013.25 for grant number/program year 04HP00574-01 and $42,733.85 for grant number/program year 04HP000293-05. $9,503,904.62 for grant number/program year 04CH011657-05, and $487,326.67 for grant number/program year 04CH011657-04.
USDA Commodities Product was incorrectly reported under ALN 10.565 in the District's prior year Schedule. The error has been corrected, and USDA Commodities is reported under ALN 10.555 in the current year schedule.