Audit 7419

FY End
2023-06-30
Total Expended
$1.91M
Findings
0
Programs
13
Organization: Akron-Fairgrove Schools (MI)
Year: 2023 Accepted: 2023-12-19

Organization Exclusion Status:

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Findings

No findings recorded

Contacts

Name Title Type
FN1CLN3S6VL9 Stacey Viers Auditee
9896936163 Jamie Peasley Auditor
No contacts on file

Notes to SEFA

Accounting Policies: Expenditures reported on the schedule are reported on the modified accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement. Negative amounts (if any) shown on the schedule represent adjustments or credits made in the normal course of business to amounts reported as expenditures in prior years. Pass-through entity identifying numbers are presented where available. Akron‐Fairgrove Schools has elected to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance. De Minimis Rate Used: Y Rate Explanation: Akron‐Fairgrove Schools has elected to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance.