Notes to SEFA
Title: PRIOR YEAR
Accounting Policies: Expenditures reported on the Schedule are reported on the accrual basis of accounting and were prepared using significant accounting policies outlined in Note 1 to the financial statements. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowed or are limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
Expenditures totaling $188,595 were incurred during fiscal year 2021 related to the ESSER II Grant (grant Number 4597-T050-2101). Since the grant was approved in fiscal year 2022, the 2021 expenditures are included in the total federal expenditures.