Notes to SEFA
Title: Note 3: Subrecipients
Accounting Policies: Basis of Accounting: The accompanying Schedule of Expenditures of Federal Awards includes the federal grant activity of Community Unit School District 200 and is presented on the modified accrual basis of accounting. The information in this schedule is presented in accordance with requirements of the Office of Management and Budget Uniform Administrative Requirements, Cost Principles, and Audit Requirement for Federal Awards. Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of the basic financial statements.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
Of the federal expenditures presented in the schedule, Community Unit School District 200 provided no federal awards to subrecipients.
Title: Note 4: Non-Cash Assistance
Accounting Policies: Basis of Accounting: The accompanying Schedule of Expenditures of Federal Awards includes the federal grant activity of Community Unit School District 200 and is presented on the modified accrual basis of accounting. The information in this schedule is presented in accordance with requirements of the Office of Management and Budget Uniform Administrative Requirements, Cost Principles, and Audit Requirement for Federal Awards. Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of the basic financial statements.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
The following amounts were expended in the form of non-cash assistance by Community Unit School District 200 and should be included in the Schedule of Expenditures of Federal Awards: Non-Cash Communities (AL 10.555) - $115,911 Other Non-Cash Assistance - Department of Defense Fruit and Vegetable $332,384 Total Non-Cash Assistance - $448,295
Title: Note 5: Other Information
Accounting Policies: Basis of Accounting: The accompanying Schedule of Expenditures of Federal Awards includes the federal grant activity of Community Unit School District 200 and is presented on the modified accrual basis of accounting. The information in this schedule is presented in accordance with requirements of the Office of Management and Budget Uniform Administrative Requirements, Cost Principles, and Audit Requirement for Federal Awards. Therefore, some amounts presented in this schedule may differ from amounts presented in, or used in the preparation of the basic financial statements.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
Insurance coverage in effect paid with Federal funds during the fiscal year:Property: $0Auto: $0General Liability: $0Workers Compensation: $0Loans/Loan Guarantees Outstanding at June 30: $0