Audit 40803

Accounting Policies: 1. SIGNIFICANT ACCOUNTING POLICIESBasis of PresentationThe accompanying Schedule of Expenditures of Federal Awards represents all Federal awards administered by the UnategoCentral School District, under programs of the federal government for the year ended June 30, 2022. The information in thisSchedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations Part 200, UniformAdministrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Because theSchedule presents only a selected portion of the operations of Unatego Central School District, it is not intended to and does notpresent the financial position, changes in net assets, or cash flows of Unatego Central School District.Basis of AccountingThe expenditures in the accompanying schedule are presented on an accrual basis of accounting. Such expenditures arerecognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are notallowable or are limited as to reimbursement. Therefore, some amounts presented in this schedule may differ from amountspresented in, or used in the preparation of, the basic financial statements.Cluster ProgramsThe following programs are identified by OMB Compliance Supplement to be part of a cluster of programs:U.S. Department of EducationSpecial Education ClusterALN 84.027 Special Education - Grants to States (IDEA, Part B)ALN 84.173 Special Education - Preschool Grants (IDEA Preschool)ALN 84.027X COVID-19 Special Education Grants to StatesU.S. Department of AgricultureChild Nutrition ClusterALN 10.553 National School Breakfast ProgramALN 10.555 National School Lunch ProgramALN 10.555 Non-cash Assistance (Food Distribution)ALN 10.559 Summer Food Service Program for ChildrenDe Minimis Indirect Cost RateUnatego Central School District has not elected to use the 10 percent de minimis indirect cost rate as allowed under the UniformGuidance.Food DonationNonmonetary assistance is reported in the schedule at fair market value of the food commodities received. At June 30, 2022, theSchool District has food commodities in inventory of $6,070.Donated Personal Protective Equipment (Unaudited)During the emergency period of COVID-19, federal agencies and recipients of federal assistance funds donated personalprotective equipment (PPE) to non-federal entities. In connection with that donation, the recipient must disclose the estimatedvalue of donated PPE, but such amounts are not included in the Schedule of Expenditures of Federal Awards. The SchoolDistrict did not receive any donated PPE during the reporting year. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate.