Notes to SEFA
The Schedule of Expenditures of Federal Awards is prepared on the same basis of accounting as Enumclaw School District’s financial statements. The Enumclaw School District uses the modified accrual basis of accounting. Expenditures represent only the federally funded portions of the program. District records should be consulted to determine amounts expended or matched from non-federal sources.
The Enumclaw School District has not elected to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance. The Enumclaw School District used the federalNrestricted rate of 0.0397, federal unrestricted rate of 0.1674, or less depending on the grant and program needs.
The amount of food commodities reported on the schedule is the market value of commodities distributed by the school district during the current year. The value is determined by the USDA.