Notes to SEFA
Title: Subrecipients
Accounting Policies: The Schedule of Expenditures of Federal Awards includes the federal grant activity of Illini West High School District No. 307 and is presented on the cash basis of aacounting. 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 District did not elect the use of the de minimis cost rate
There were no subrecipients
Title: Non-cash assistance
Accounting Policies: The Schedule of Expenditures of Federal Awards includes the federal grant activity of Illini West High School District No. 307 and is presented on the cash basis of aacounting. 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 District did not elect the use of the de minimis cost rate
There were no non-cash assistance
Title: Other Information
Accounting Policies: The Schedule of Expenditures of Federal Awards includes the federal grant activity of Illini West High School District No. 307 and is presented on the cash basis of aacounting. 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 District did not elect the use of the de minimis cost rate
No insurance coverage in effect paid with federal funds during the year