Notes to SEFA
This Schedule is prepared on the same basis of accounting as the Lake Washington School District financial statements. The Lake Washington School District uses the accrual basis of accounting.
a) The Lake Washington School District claimed indirect costs under this grant using its federal restricted rate of 3.33%. b) The Lake Washington School District claimed indirect costs under this grant using its federal unrestricted rate of 11.36%. The Lake Washington School District has not elected to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance.
The amount of food commodities reported on the Schedule is the market value received by the Lake Washington School District during the current year. The value is determined by the USDA.
The Lake Washington School District operates a “schoolwide program” in two elementary buildings. Using federal funding, schoolwide programs are designed to upgrade an entire educational program within a school for all students, rather than limit services to certain targeted students.
The amount of $217,500 on the schedule includes eligible expenditures incurred in 2024-2025 that will be reimbursed in 2025-26 for federal disaster relief. (ALN 97.036)