Notes to SEFA
Title: DONATED COMMODITIES
Accounting Policies: The Schedule of Expenditures of Federal Awards includes the federal grant activity of the CowetaCounty Board of Education (the School System) and is presented on the accrual basis ofaccounting.The information in this schedule is presented in accordance with the requirements of Title 2 U.S.Code of Federal Regulations (CFR) Part 200 Uniform Administrative Requirements, CostPrinciples, and Audit Requirements for Federal Awards (Uniform Guidance). Therefore, someamounts presented in this schedule may differ from amounts presented in or used in the preparationof the financial statements
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
The Child Nutrition Cluster includes $898,383 of non-cash expenditures in the form of donated food commodities.
Title: SUBRECIPIENTS
Accounting Policies: The Schedule of Expenditures of Federal Awards includes the federal grant activity of the CowetaCounty Board of Education (the School System) and is presented on the accrual basis ofaccounting.The information in this schedule is presented in accordance with the requirements of Title 2 U.S.Code of Federal Regulations (CFR) Part 200 Uniform Administrative Requirements, CostPrinciples, and Audit Requirements for Federal Awards (Uniform Guidance). Therefore, someamounts presented in this schedule may differ from amounts presented in or used in the preparationof the financial statements
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
The School System did not pass through any funds to subrecipients for the year ended June 30, 2022.