Title: Noncash Awards
Accounting Policies: Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance and/or OMB Circular A-87, Cost Principles for State, Local and Indian Tribal Governments, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: The U.S. Department of Education (USED) has delegated to the State of Vermont Agency of Education the authority to issue indirect cost rates to all Local Education Agencies (LEAs) based on a plan approved by the USED. Therefore, North Country Supervisory Union does not use the 10% de minimus indirect cost rate as allowed under the Uniform Guidance.
North Country Supervisory Union reports U.S. Department of Agriculture (USDA) Foods consumed on the Schedule at the fair value [or entitlement value]. The State of Vermont allocated USDA Foods to the respective program(s) that benefitted from the use of those USDA Foods.
Title: Expenditures to Subrecipients
Accounting Policies: Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance and/or OMB Circular A-87, Cost Principles for State, Local and Indian Tribal Governments, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: The U.S. Department of Education (USED) has delegated to the State of Vermont Agency of Education the authority to issue indirect cost rates to all Local Education Agencies (LEAs) based on a plan approved by the USED. Therefore, North Country Supervisory Union does not use the 10% de minimus indirect cost rate as allowed under the Uniform Guidance.
ALNBrightonSchool DistrictCharlestonSchool DistrictCoventrySchool DistrictDerby SchoolDistrictJay/WestfieldSchool DistrictLowell SchoolDistrictNCU HighSchoolNewport TownSchool DistrictNewport CitySchool DistrictTroy SchoolDistrict Total10.555 $ 100,570 $ 98,650 $ 110,544 $ 345,263 $ 84,098 $ 79,615 $ 446,792 $ 104,661 $ 277,427 $ 168,358 $ 1,815,97810.558 16,491 16,115 - - - - 3,501 - 12,033 - 48,14010.559 816 7,195 9,172 11,113 2,678 3,438 15,638 3,703 24,475 467 78,69510.582 6,540 6,500 5,903 20,659 3,244 5,012 - 5,668 19,560 10,669 83,75584.010 58,641 92,422 81,101 253,283 29,246 64,880 57,494 81,101 267,008 136,553 1,121,72984.367 10,000 - 30,854 39,256 - 1,781 - 1,600 20,928 - 104,41984.425D 96,059 137,737 183,747 287,589 28,115 117,912 1,041,466 166,339 297,304 106,107 2 , 4 6 2 , 3 7 5 -$ 289,117 $ 358,619 $ 421,321 $ 957,163 $ 147,381 $ 272,638 $ 1,564,891 $ 363,072 $ 918,735 $ 422,154 $ 5,715,091