Notes to SEFA
Title: BASIS OF PRESENTATION
Accounting Policies: Expenditures reported in the accompanying schedule of expenditures of federal awards (the Schedule) are
reported on the 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.
De Minimis Rate Used: N
Rate Explanation: The District has elected not to use the 10-percent de minimis indirect cost rate as allowed under the Uniform
Guidance.
The Schedule includes the federal award activity of Independent School District No. 2170 under programs of the
federal government for the year ended June 30, 2023. The information in this Schedule is presented in
accordance with the requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative
Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Because the
Schedule presents only a selected portion of the operations of Independent School District No. 2170, it is not
intended to be and does not present the financial position or changes in net position of Independent School
District No. 2170.
Title: COMMODITY DISTRIBUTION
Accounting Policies: Expenditures reported in the accompanying schedule of expenditures of federal awards (the Schedule) are
reported on the 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.
De Minimis Rate Used: N
Rate Explanation: The District has elected not to use the 10-percent de minimis indirect cost rate as allowed under the Uniform
Guidance.
Nonmonetary assistance is reported in the schedule at the fair market value of the commodities received and
disbursed.
Title: PASS-THROUGH ENTITIES
Accounting Policies: Expenditures reported in the accompanying schedule of expenditures of federal awards (the Schedule) are
reported on the 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.
De Minimis Rate Used: N
Rate Explanation: The District has elected not to use the 10-percent de minimis indirect cost rate as allowed under the Uniform
Guidance.
All pass-through entities listed above use the same AL numbers as the federal grantors to identify these grants
and have not assigned any additional identifying numbers.
Title: SUBRECIPIENTS
Accounting Policies: Expenditures reported in the accompanying schedule of expenditures of federal awards (the Schedule) are
reported on the 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.
De Minimis Rate Used: N
Rate Explanation: The District has elected not to use the 10-percent de minimis indirect cost rate as allowed under the Uniform
Guidance.
During 2023, the District did not pass any federal money to subrecipients.