Notes to SEFA
Title: Subrecipients
Accounting Policies: Washington School District prepares its Schedule of Expenditures of Federal Awards on the modified accrual basis of accounting. Under the modified accrual basis of accounting, revenue is recorded when susceptible to accrual, i.e., both measurable and available. Available means collectible within the current period or soon enough thereafter to be used to pay liabilities of the current period. Expenditures are recorded when the related liabilities are incurred.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate
There have been no awards passed through to subrecipients.