Notes to SEFA
The accompanying Schedule of Expenditures of Federal Awards includes the federal award activity of the Chester Community Unit School District 139 and is presented on the modified cash basis of accounting, which is a basis of accounting other than accounting principles generally accepted in the United States of America. The information in this schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Noncash assistance is reported at the value assigned by the Illinois State Board of Educatoin. Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of, the basic financial statements.
The District did not provide federal awards to subrecipients during the year ended June 30, 2026.
The District received and distributed commodities through the National School Lunch Program. The value of commodities as determined by the Food Service Section of the Illinois Department of Education was $57,296. Nonmonetary assistance is reported in the schedule at the fair value of the commodities received and disbursed.
The District has not elected to use the 15% de minimis indirect cost rate.