Notes to SEFA
Title: Note 5 - Noncash Awards
Accounting Policies: This Schedule is prepared on the same basis of accounting as the Walla Walla School District #140 financial statement. The Walla Walla School District #140 uses the modified accrual basis of accounting. Expenditures represent only the federally funded portions of the program. District records should be consulted to determine amounts expended or matched from non-federal sources.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate. The district used the federal restricted rate of 4.62%, 14.24% and 17.09% as allowed in the individual award.
The amount of $253,394 reported on the schedule is the value of commodities distributed by the Walla Walla School District #140 during the current year and priced as prescribed by NSLP/USDA.
Title: Note 4 - Program Costs/Matching Contribution
Accounting Policies: This Schedule is prepared on the same basis of accounting as the Walla Walla School District #140 financial statement. The Walla Walla School District #140 uses the modified accrual basis of accounting. Expenditures represent only the federally funded portions of the program. District records should be consulted to determine amounts expended or matched from non-federal sources.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate. The district used the federal restricted rate of 4.62%, 14.24% and 17.09% as allowed in the individual award.
The amounts shown as current year expenses represent only the federal grant portion of the program costs. Entire program costs, including the Walla Walla School District #140 local matching share, may be more than shown. Such expenditures are recognized 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 are not allowable or are limited as to reimbursement.
Title: Note 6 - Schoolwide Programs
Accounting Policies: This Schedule is prepared on the same basis of accounting as the Walla Walla School District #140 financial statement. The Walla Walla School District #140 uses the modified accrual basis of accounting. Expenditures represent only the federally funded portions of the program. District records should be consulted to determine amounts expended or matched from non-federal sources.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate. The district used the federal restricted rate of 4.62%, 14.24% and 17.09% as allowed in the individual award.
The Walla Walla School District #140 operates a schoolwide program in four elementary buildings. Using federal funding, schoolwide programs are designed to upgrade an entire educational program within a school for all students, rather than limit services to certain targeted students. The following federal program amounts were expended by the Walla Walla School District #140 in its schoolwide program: Title I (84.010) ($546,817); Migrant Education (84.011) ($0).