Title: Basis of Presentation
Accounting Policies: Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: The School has elected not to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance.
The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal award activity of Constellation Schools: Elyria Community (the School) under programs of the federal government for the year ended June 30, 2022. The information in this Schedule is presented in accordance with the requirements 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 Schedule presents only a selected portion of the operations of the School, it is not intended to and does not present the financial position, changes in net position, or cash flows of the School.
Title: Transfers
Accounting Policies: Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: The School has elected not to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance.
The School generally must spend Federal assistance within 15 months of receipt. However, with Ohio Department of Education (ODE) approval, a School can transfer (carryover) unspent Federal assistance to the succeeding year, thus allowing the School a total of 27 months to spend the assistance. During fiscal year 2022, the ODE authorized the following transfers: ALN Number / Grant Title "Grant Year""Transfer Out""Transfer In"84.010A Title I Grants to Local Educational Agencies2021 $80,915 84.010A Title I Grants to Local Educational Agencies 2022 $80,915 84.010A Expanding Opportunities for Each Child Non-Competitive Grant 2021 4,625 84.010A Expanding Opportunities for Each Child Non-Competitive Grant 2022 4,625 84.367A Title II-A Improving Teacher Quality2021 8,444 84.367A Title II-A Improving Teacher Quality2022 8,444 84.424A Title IV-A Student Support and Academic Enrichment2021 17,077 84.424A Title IV-A Student Support and Academic Enrichment2022 17,077 84.173A IDEA Early Childhood Special Education2021 1,024 84.173A IDEA Early Childhood Special Education2022 1,024 $112,085 $112,085
Title: Child Nutrition Cluster
Accounting Policies: Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: The School has elected not to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance.
The School commingles cash receipts from the U.S. Department of Agriculture with similar State grants. When reporting expenditures on this Schedule, the School assumes it expends federal monies first.
Title: Transfers between Programs
Accounting Policies: Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: The School has elected not to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance.
The School transferred the following funds between programs in fiscal year 2022: ALN Number / Grant Title"Grant Year""Transfer Out""Transfer In"84.424A Toitle IV-A Student Support and Academic Enrichment 2022 $16,273 84.010A Title I Grants to Local Educational Agencies 2022 $16,273 $16,273 $16,273