Notes to SEFA
Title: Noncash Assistance, Insurance, and Loans
Accounting Policies: The District’s schedule of expenditures of federal awards is presented on the cash basis of accounting, modified to include encumbrances and accounts payable. 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, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance).
De Minimis Rate Used: N
Rate Explanation: The District has not elected to use the 10% de minimis indirect cost rate provisioned by the Uniform Guidance Section 414, for reporting costs charged to federal award programs.
The District did not receive or expend any Federal awards in the form of noncash assistance, insurance, loans, or loan guarantees.
Title: Subrecipients
Accounting Policies: The District’s schedule of expenditures of federal awards is presented on the cash basis of accounting, modified to include encumbrances and accounts payable. 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, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance).
De Minimis Rate Used: N
Rate Explanation: The District has not elected to use the 10% de minimis indirect cost rate provisioned by the Uniform Guidance Section 414, for reporting costs charged to federal award programs.
The District did not pass through any federal award funding to subrecipients.
Title: U.S. Department of Education – Schoolwide Program Expenditures
Accounting Policies: The District’s schedule of expenditures of federal awards is presented on the cash basis of accounting, modified to include encumbrances and accounts payable. 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, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance).
De Minimis Rate Used: N
Rate Explanation: The District has not elected to use the 10% de minimis indirect cost rate provisioned by the Uniform Guidance Section 414, for reporting costs charged to federal award programs.
The District operated federal award programs 84.010A, 84.367A, and 84.424A as part of a schoolwide program with consolidated federal expenditures of $127,949.