General The School Board reporting entity is defined in Note 1 to the School Board's general purpose financial statements. All Federal financial assistance received directly from Federal agencies as well as Federal financial assistance passed through other government agencies is included on the schedule. Basis of Presentation The accompanying schedule of expenditures of federal awards includes the federal spending of the Red River Parish School Board, Coushatta, Louisiana (the “School Board”) and is presented on the accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of the Uniform Guidance. Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in preparation of, the basic financial statements. Because the schedule presents only a selected portion of the operations of the School Board, it is not intended to and does not represent the financial position of the School Board. Basis of Accounting The Schedule of Expenditures of Federal Awards is presented using the modified accrual basis of accounting, which is described in Note 1 to the School Board's financial statements. Nonmonetary assistance is reported in the schedule at fair value of the goods received.
The School Board has elected not to use the de minimis indirect cost rate as allowed under the Uniform Guidance.
The Red River Parish School Board did not have any federal loans or loan guarantees outstanding during the year ended June 30, 2025.
During the year ended June 30, 2025, the Red River Parish School Board had no sub-recipients.
Included in the Child Nutrition Cluster is $91,045 of non-cash awards in the form of commodities provided by the United States Department of Agriculture.
The Red River Parish School Board is also the sub-recipient of federal funds that have been subjected to testing and are reported as expenditures and listed as federal pass-through funds. Federal awards other than those indicated as pass-through are considered to be direct.
The following reconciliation is provided to help the reader of the School Board’s financial statements and supplementary information relate such information to the Schedule of Expenditures of Federal Awards for the year June 30, 2025: Total federal awards expended per Schedule of Expenditures of Federal Awards $6,404,016 Total expenditures funded by other sources $29,463,866 Total expenditures $35,867,882
Amounts reported in the accompanying schedule agree with the amounts reported in the federal financial reports except for changes made to reflect amounts in accordance with accounting principles generally accepted in the United States of America.