Notes to SEFA
Accounting Policies: The accompanying schedule of expenditures of federal awards (the "Schedule") includes the federalaward activity of South Side Area School District under programs of the federal government forthe year ended June 30, 2022. The information in this schedule is presented in accordance with therequirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform AdministrativeRequirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance).Because the schedule presents only a selected portion of the operations of South Side Area SchoolDistrict, it is not intended to and does not present the financial position or changes in net positionof South Side Area School District.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.