The accompanying schedule of expenditures of federal awards (the “Schedule”) includes the federal grant activity of the District. The information in the Schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations (CFR) Part 200 Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (“Uniform Guidance”). Therefore, some amounts may differ from amounts presented in, or used in the presentation of, the basic financial statements.
During the fiscal year ended August 31, 2025, the District had no sub-recipients.
During the year ended August 31, 2025, the District had no federal loans payable or loan guarantees.
During the year ended August, 2025, the District had no federally funded insurance.
During the year ended August 31, 2025, the District received $12,532 of federal awards in the form of noncash assistance under the National School Lunch Program (Assistance Listing Number 10.555)
Grant monies received and disbursed by the District are for specific purposes and are subject to review by the grantor agencies. Such audits may result in requests for reimbursement due to disallowed expenditures. Based upon experience, the District does not believe that such disallowance, if any, would have a material effect on the financial position of the District.
The District is also the sub-recipient of federal funds that have been subjected to testing and are reported as expenditures and listed as federal pass-through funds. Federal awards other than those indicated as pass-through are considered to be direct.
The Schedule of Expenditures of Federal Awards for the year ended August 31, 2025, was originally issued on February 16, 2026. Subsequent to the original issuance, it was discovered that the District classified food commodities received from USDA under the National School Lunch Program ALN 10.555, within the Child Nutrition Cluster, as federal expenditures under the Commodity Supplemental Food Program, ALN 10.565, within the Food Distribution Cluster, necessitating the restatement of the Schedule of Expenditures of Federal Awards.