Notes to SEFA
Title: Non-Monetary Assistance
Accounting Policies: The accompanying schedule of expenditures of federal awards has been prepared on the basis of accounting practices prescribed or permitted by the Manual of Accounting and Related Financial Procedures for Pennsylvania School Systems, issued by the Pennsylvania Department of Education. These practices, as they apply to the School District, are in conformity with U.S. generally accepted accounting principles.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
Non-monetary assistance was received from the U.S. Department of Agriculture in the amount of $47,674 in the form of commodities. These commodities are valued at USDA's approximate costs. During the year ended June 30, 2022, the District used $47,860 in commodities and established a year-end inventory of $2,112. The amount recognized as revenue of $47,860 represents the commodities used, versus the commodities received, which are recognized as revenue in the basic financial statements.
Title: Special Education Cluster
Accounting Policies: The accompanying schedule of expenditures of federal awards has been prepared on the basis of accounting practices prescribed or permitted by the Manual of Accounting and Related Financial Procedures for Pennsylvania School Systems, issued by the Pennsylvania Department of Education. These practices, as they apply to the School District, are in conformity with U.S. generally accepted accounting principles.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
For the year ended June 30, 2022, the Special Education Cluster consisted of AL number 84.027, for a cluster total expenditures of $551,160. Please refer to the reporting package for the full contents of this note.