Notes to SEFA
Title: Basis of Presentation
Accounting Policies: Expenditures reported on the schedule are reported on the cash basis of accounting. Such expenditures are recognizedfollowing the cost principles contained in Title 2 U.S. Code of Federal Regulations Part 200, Uniform AdministrativeRequirements, Cost Principles, and Audit Requirements for Federal Awards, wherein certain types of expendituresmay or may not be allowable or may be limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
The accompanying schedule of federal awards expenditures (the schedule) is a summary of the activity of the SchoolDistricts federal award programs. The information in this schedule is presented in accordance with the requirementsof Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, andAudit Requirements for Federal Awards (Uniform Guidance). Because the schedule presents only a selected portionof the operations of the School District, it is not intended to and does not present the financial position or changes innet position of the School District.
Title: Child Nutrition Cluster
Accounting Policies: Expenditures reported on the schedule are reported on the cash basis of accounting. Such expenditures are recognizedfollowing the cost principles contained in Title 2 U.S. Code of Federal Regulations Part 200, Uniform AdministrativeRequirements, Cost Principles, and Audit Requirements for Federal Awards, wherein certain types of expendituresmay or may not be allowable or may be limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
The School District commingles cash receipts from the U.S. Department of Agriculture with similar State grants.When reporting expenditures on this schedule, the School District assumes it expends federal monies first.
Title: Food Donation Program
Accounting Policies: Expenditures reported on the schedule are reported on the cash basis of accounting. Such expenditures are recognizedfollowing the cost principles contained in Title 2 U.S. Code of Federal Regulations Part 200, Uniform AdministrativeRequirements, Cost Principles, and Audit Requirements for Federal Awards, wherein certain types of expendituresmay or may not be allowable or may be limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
The School District reports commodities consumed on the schedule at the fair value. The School District allocateddonated food commodities to the respective program that benefitted from the use of those donated food commodities.