Audit 49458

Accounting Policies: NOTE A- BASIS OF PRESENTATIONThe accompanying Schedule of Expenditures of Federal Awards (the Schedule) includes the federal awardactivity of Maplewood Local School District (the Districts) under programs of the federal government forthe year ended June 30, 2022. The information on this Schedule is prepared in accordance with therequirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements,Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Because the Schedulepresents only a selected portion of the operations of the District, it is not intended to and does not presentthe financial position or changes in net position of the District.NOTE B SUMMARY OF SIGNIFICANT ACCOUNTING POLICIESExpenditures reported on the Schedule are reported on the cash basis of accounting. Such expenditures arerecognized following the cost principles contained in Title 2 U.S. Code of Federal Regulations Part 200,Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards,wherein certain types of expenditures may or may not be allowable or may be limited as to reimbursement.NOTE C INDIRECT COST RATEThe District has elected not to use the 10-percent de minimis indirect cost rate as allowed under the UniformGuidance.NOTE D - CHILD NUTRITION CLUSTERThe District commingles cash receipts from the U.S. Department of Agriculture with similar State grants.When reporting expenditures on this Schedule, the District assumes it expends federal monies first.NOTE E FOOD DONATION PROGRAMThe District reports commodities consumed on the Schedule at the fair value. The District allocated donatedfood commodities to the respective program that benefitted from the use of those donated foodcommodities. NOTE F - TRANSFERS BETWEEN PROGRAM YEARSFederal regulations require schools to obligate certain federal awards by June 30. However, with ODEsconsent, schools can transfer unobligated amounts to the subsequent fiscal years program. The Districttransferred the following amounts from 2022 to 2023 programs: Title IV-A Student Support and Academic Enrichment AL Number:84.424A Amount Transferred $10,795 De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate.