Notes to SEFA
Title: Noncash programs
Accounting Policies: MODIFIED CASH BASIS
De Minimis Rate Used: N
Rate Explanation: The district elected not to use the 10% de minimis cost rate
The commodities received which are noncash revenues are valued using prices provided by the United States Department of Agriculture at June 30 the district had $1,900 in inverntory.
Title: subrecipients
Accounting Policies: MODIFIED CASH BASIS
De Minimis Rate Used: N
Rate Explanation: The district elected not to use the 10% de minimis cost rate
The district did not provide funds to subrecipients during the year