Notes to SEFA
Accounting Policies: 1. SIGNIFICANT ACCOUNTING POLICIESOrganizationThe accompanying Schedule of Expenditures of Federal Awards represents all Federal awards administered by the ClintonCentral School District. The School Districts organization is defined in Note 1 to the School Districts basic financialstatements.Basis of AccountingThe expenditures in the accompanying schedule are presented on an accrual basis of accounting. 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. Therefore, some amounts presentedin this schedule may differ from amounts presented in, or used in the preparation of, the basic financial statementsCluster ProgramsThe following programs are identified by OMB Compliance Supplement to be part of a cluster of programs:U.S. Department of EducationSpecial Education ClusterCFDA #84.027A Special Education - Grants to States (IDEA, Part B)CFDA #84.173A Special Education - Preschool Grants (IDEA Preschool)CFDA #84.027X COVID-19 American Rescue Plan-Elementary and Secondary School Emergency Relief (ARP ESSR)Indirect Cost RateThe School District has not elected to use the 10% de minimis indirect cost rate.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 School Districtdid 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.