Notes to SEFA
This Schedule is prepared on the same modified accrual basis of accounting as the District’s financial statements and in accordance with the requirements contained in Uniform Guidance.
The District has not elected to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance.
The amounts shown as current year expenses represent only the federal award portion of the program costs. Entire program costs, including the District’s local matching share, may be more than shown. Such expenditures are recognized following, the cost principles contained in Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
The amount of commodities reported on the schedule is the value of commodities shipped to the District during the current year and valued as prescribed by the Value of Commodities Shipped Report (Report ID: FDP032).
The District operates a “schoolwide program” in four 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 following federal program amounts were expended by the District in its schoolwide program: Title I (84.010) ($560,560.33)
The District used the federal restricted rate of 3.44%.
The District used the 2021-22 federal unrestricted rate of 9.58%.