Notes to SEFA
The accompanying schedule of expenditures of federal awards includes the federal award activity of the District and is presented on the modified accrual basis of accounting. The schedule is presented in accordance with Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards. Therefore, some amounts presented in the schedule may differ from amounts used in the preparation of the basic financial statements. The District has elected not to use the 15-percent de minimis indirect cost rate allowed under the Uniform Guidance.