Audit 53164

Title: Donated Personal Protective Equipment (Unaudited) Accounting Policies: Note 1. Basis of PresentationThe accompanying schedule of expenditures of federal awards (the schedule) includes the federal grantactivity of Western Dubuque County Community School District under programs of the federalgovernment for the year ended June 30, 2022. The information in this schedule is presented inaccordance with the requirements of Title 2 U.S. Code of Federal Regulations Part 200, UniformAdministrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (UniformGuidance). Because the schedule presents only a selected portion of the operations of the District, it isnot intended to and does not present the financial position, changes in net position or cash flows of theDistrict.Note 2. Significant Accounting PoliciesExpenditures reported on the schedule of expenditures of federal awards are reported on the modifiedaccrual or accrual basis of accounting based on the fund type of the program. Such expenditures arerecognized following the cost principles contained in the Uniform Guidance, wherein certain types ofexpenditures are not allowable or are limited as to reimbursement. Therefore, some amounts presentedin this schedule may differ from amounts presented in, or used in the preparation of the basic financialstatements. Revenue from federal awards is recognized when the District has done everythingnecessary to establish its right to revenue. For governmental funds, revenue from federal awards isrecognized when it is both measurable and available. Expenditures of federal awards are recognized inthe accounting period when the liability is incurred. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate. The District received approximately $699 of donated personal protective equipment during the year ended June 30, 2022.