Notes to SEFA
Accounting Policies: The schedule of expenditures of federal awards presents the activity of all federal award programs for the District for the yearended June 30, 2022. Because the schedule presents only a selected portion of the operations of the District, it is not intendedto, and does not present the financial position or changes in net position of the District. The schedule of expenditures of federalawards is prepared on the accrual basis of accounting.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.