Audit 45662

Accounting Policies: NOTE 1 BASIS OF PRESENTATIONThe accompanying schedule of expenditures of federal awards includes the federal grant activity ofHarlingen Consolidated Independent School District and is presented on the modified accrual basis ofaccounting. The information in this schedule is presented in accordance with the requirements of theUniform Guidance, Audits of State, Local Governments, and NonProfit Organizations. Therefore, someamounts presented in this schedule may differ from amounts presented in, or used in the preparation ofthe general purpose financial statements.NOTE 2 PROGRAM REPORTINGROTC, SHARS, MAC and $627,454 of indirect cost are accounted for in the general fund. The NationalSchool Lunch Program, School Breakfast Program Commodity Supplemental Food Program, and SummerFeeding Program are accounted for in the National Breakfast and Lunch Program. Expenditures are notspecifically attributable to these revenues and are shown on this schedule in an amount equal to revenuefor balancing purposes only.Reconciliation from the Schedule of Expenditures of Federal Awards to the Exhibit C3:Total expenditures of federal awards, per Exhibit K1 $ 65,281,779School Health and Related Services (SHARS) revenues 1,696,740Interest and sinking revenue subsidy 698,640ERate 194,673Total Federal Revenues, per Exhibit C3 $ 67,871,832NOTE 3 SUBRECIPIENTSDuring the year ended June 30, 2022, the Harlingen Consolidated Independent School District had no subrecipients.NOTE 4 FEDERAL LOANS AND LOAN GUARANTEESDuring the year ended June 30, 2022, the District had no outstanding federal loans payable or loanguarantees.NOTE 5 FEDERALLY FUNDED INSURANCEDuring the year ended June 30, 2022, the District had no federally funded insurance. NOTE 6 NONCASH AWARDSDuring the year ended June 30, 2022, the District received $1,397,759 of federal awards in the form ofnoncash assistance. In addition, the District received noncash assistance of $131,433 under the ELCReopening School Program.NOTE 7 INDIRECT COST RATEThe Uniform Guidance allows an organization to elect a 10% de minimus indirect cost rate. For the yearended June 30, 2022, the District did not elect to use this rate. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate.