Notes to SEFA
Title: Non-Monetary Assistance
Accounting Policies: The accompanying schedule of expenditures of federal awards in presented using the accrual basis of accounting as described in the notes to the basic financial statements.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
The Commonwealth of Pennsylvania distributes federal surplus food to institutions (schools, hospitals, and prisons) and to the needy. Expenditures reported in the schedule of expenditures of federal awards under CFDA #10.555 (National School Lunch Program - Donated Commodities) represent surplus food consumed by the School District during the 2021 - 2022 fiscal year. The School District has food commodities totaling $175 in inventory as of June 30, 2022.
Title: Access Program
Accounting Policies: The accompanying schedule of expenditures of federal awards in presented using the accrual basis of accounting as described in the notes to the basic financial statements.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
The ACCESS Program is a medical assistance program that reimburses local educational agencies for direct eligible health-related services provided to enrolled special needs students. Reimbursements are federal source revenues, but are classified as fee-for-service and are not considered federal financial assistance. The amount of ACCESS funding recognized for the year ended June 30, 2022 was $17,101.
Title: Prior Year Schedule of Expenditures of Federal Awards
Accounting Policies: The accompanying schedule of expenditures of federal awards in presented using the accrual basis of accounting as described in the notes to the basic financial statements.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
As a result of the information obtained during the year, the School District has concluded that the schedule of expenditures of federal awards was misstated in the previous year. Accrued revenue related to CFDAs #10.553, #10.555, and #10.558 was understated by a total of $120,752. The accrued (unearned) revenue at July 1, 2021 on the schedule of expenditures of federal awards as previously stated has been increased by that amount.