Notes to SEFA
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, the Bennington-Rutland Supervisory Union does not use the 10% de minimus indirect cost rate as allowed under the Uniform Guidance.
TaconicMettaweeWinhallALand GreenSchoolSchoolNumberRSDDistrictDistrictTotal10.555569,618$ 109,740$ -$ 679,358$ 10.55920,968 - - 20,968 10.58224,790 8,946 - 33,736 84.010101,610 - - 101,610 10.66556,566 10,440 110 67,116 21.019- - - - 84.425371,550 27,586 - 399,136