Title: NOTE 6 - SMALL RURAL SCHOOLS ACHIEVEMENT (SRSA)
Accounting Policies: NOTE 1 - BASIS OF ACCOUNTING. This Schedule is prepared on the same basis of accounting as the Selkirk School District #70s financial statements. The Selkirk School District #70 uses the cash basis of accounting. Expenditures represent only the federally funded portions of the program. District records should be consulted to determine amounts expended or matched from non-federal sources.
De Minimis Rate Used: N
Rate Explanation: NOTE 2 - FEDERAL DE MINIMIS INDIRECT RATE. The Selkirk School District #70 has not elected to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance. The Selkirk School District #70 used the federal restricted rate of 4.51% and an approved federal unrestricted rate of 31.34%. The federal unrestricted rate (31.34%) was applied to other award 84.425D-0120396 ($132,729.72), 84.425U-0138234 ($111,131.91), 84.425U-0137219 ($144,303.21). Other federal grants utilized the federal restricted indirect cost rate (4.51%).
As allowed by federal regulations, the Selkirk School District #70 expended $17,918.00 from its Small Rural Schools Achievement (SRSA) Alternative Uses of Funds Program (84.358) for activities of the Student Support and Academic Achievement Enrichment Program (84.424). This amount is reflected in the expenditures of 84.424.
Title: NOTE 3 - SCHOOLWIDE PROGRAMS
Accounting Policies: NOTE 1 - BASIS OF ACCOUNTING. This Schedule is prepared on the same basis of accounting as the Selkirk School District #70s financial statements. The Selkirk School District #70 uses the cash basis of accounting. Expenditures represent only the federally funded portions of the program. District records should be consulted to determine amounts expended or matched from non-federal sources.
De Minimis Rate Used: N
Rate Explanation: NOTE 2 - FEDERAL DE MINIMIS INDIRECT RATE. The Selkirk School District #70 has not elected to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance. The Selkirk School District #70 used the federal restricted rate of 4.51% and an approved federal unrestricted rate of 31.34%. The federal unrestricted rate (31.34%) was applied to other award 84.425D-0120396 ($132,729.72), 84.425U-0138234 ($111,131.91), 84.425U-0137219 ($144,303.21). Other federal grants utilized the federal restricted indirect cost rate (4.51%).
The Selkirk School District #70 operates a schoolwide program in the elementary building. Using federal funding, schoolwide programs are designed to upgrade an entire educational program within a school for all students, rather than limit services to certain targeted students. The following federal program amounts were expended by the Selkirk School District #70 in its schoolwide program: Title I (84.010) $105,649.03, Title II (84.367A) $11,515.35, IDEA-B (84.027A) $67,971.86.
Title: NOTE 4 - NONCASH AWARDS
Accounting Policies: NOTE 1 - BASIS OF ACCOUNTING. This Schedule is prepared on the same basis of accounting as the Selkirk School District #70s financial statements. The Selkirk School District #70 uses the cash basis of accounting. Expenditures represent only the federally funded portions of the program. District records should be consulted to determine amounts expended or matched from non-federal sources.
De Minimis Rate Used: N
Rate Explanation: NOTE 2 - FEDERAL DE MINIMIS INDIRECT RATE. The Selkirk School District #70 has not elected to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance. The Selkirk School District #70 used the federal restricted rate of 4.51% and an approved federal unrestricted rate of 31.34%. The federal unrestricted rate (31.34%) was applied to other award 84.425D-0120396 ($132,729.72), 84.425U-0138234 ($111,131.91), 84.425U-0137219 ($144,303.21). Other federal grants utilized the federal restricted indirect cost rate (4.51%).
The amount of commodities reported on the schedule is the value of commodities distributed by the Selkirk School District #70 during the current year and priced as prescribed by USDA.
Title: NOTE 5 - TRANSFERABILITY
Accounting Policies: NOTE 1 - BASIS OF ACCOUNTING. This Schedule is prepared on the same basis of accounting as the Selkirk School District #70s financial statements. The Selkirk School District #70 uses the cash basis of accounting. Expenditures represent only the federally funded portions of the program. District records should be consulted to determine amounts expended or matched from non-federal sources.
De Minimis Rate Used: N
Rate Explanation: NOTE 2 - FEDERAL DE MINIMIS INDIRECT RATE. The Selkirk School District #70 has not elected to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance. The Selkirk School District #70 used the federal restricted rate of 4.51% and an approved federal unrestricted rate of 31.34%. The federal unrestricted rate (31.34%) was applied to other award 84.425D-0120396 ($132,729.72), 84.425U-0138234 ($111,131.91), 84.425U-0137219 ($144,303.21). Other federal grants utilized the federal restricted indirect cost rate (4.51%).
As allowed by federal regulations, the Selkirk School District #70 elected to transfer program funds. The district expended $11,515.35 from its Title II, Part A Supporting Effective Instruction State Grants (84.367A) and $10,000.00 from its Title IV, Part A (84.424A) on allowable activities of the Title I, Part A Grants to Local Educational Agencies (84.010). This amount is reflected in the expenditures of Title I, Part A Grants to Local Educational Agencies (84.010.)