Notes to SEFA
Title: Subrecipients
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards includes the federal grant activity of Crete-Monee School District 201-U and is
presented on the modified accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of the
Office of Management and Budget Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards.
Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of, the Basic financial
statements.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
Of the federal expenditures presented in the Schedule, Crete-Monee School District 201U provided no federal awards to subrecipients.
Title: Non-Cash Assistance
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards includes the federal grant activity of Crete-Monee School District 201-U and is
presented on the modified accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of the
Office of Management and Budget Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards.
Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of, the Basic financial
statements.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
The following amounts were expended in the form of non-cash assistance by Crete-Monee School District 201-U and should be included in the
Schedule of Expenditures of Federal Awards: Non-Cash Commodities (ALN 10.555) - $206,521 Other Non-Cash Assistance Department of Defense Fruits and Vegetables - $72,898 Total Non-Cash Assistance - $279,418
Title: Other Information
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards includes the federal grant activity of Crete-Monee School District 201-U and is
presented on the modified accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of the
Office of Management and Budget Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards.
Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of, the Basic financial
statements.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
Insurance coverage in effect paid with Federal funds during the fiscal year: Property - $0 Auto - $0 General Liability - $0 Workers Compensation -$0 Loans/Loan Guarantees Outstanding at June 30 - $0 District had Federal grants requiring matching expenditures - No