Notes to SEFA
The accompanying schedule of expenditures of federal awards (the “Schedule”) includes the federal award activity of St. Helena Parish School Board under programs of the federal government. in this Schedule is presented in accordance with the requirements of Title 2 U.S. Code ofFederal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and AuditRequirements for Federal Awards (Uniform Guidance). Because the Schedule presents only a selected portion of the operations of St. Helena Parish School Board, it is not intended to and does not present thefinancial position, changes in net assets, or cash flows of St. Helena Parish School Board.
The accompanying 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 basic financial statements.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 commodities received, which are noncash revenues, are valued using pricing provided by the United States Department of Agriculture.
No amounts were passed through to subrecipients during the year.
The School Board has elected not to use the 10 percent de minimis indirect cost rate allowed under the Uniform Guidance.