Audit 45427

FY End
2022-06-30
Total Expended
$52.31M
Findings
0
Programs
17
Year: 2022 Accepted: 2023-03-12

Organization Exclusion Status:

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Contacts

Name Title Type
DBPSHJAXNPJ5 Larry Hammel Auditee
7708872461 Adam Fraley Auditor
No contacts on file

Notes to SEFA

Accounting Policies: (1) The amount shown for the Food Distribution Program represents the Federally assigned value of nonmonetary assistance for donated commodities received and/or consumed by the system during the current fiscal year.(2) The Forsyth County Board of Education did not provide Federal Assistance to any Subrecipient. (3) The Schedule of Expenditures of Federal Awards includes the federal grant activity of the Forsyth County Board of Education and is presented on the accrual basis of accounting. (4)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 of Federal Awards. Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of the financial statements. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate.