Title: 1
Accounting Policies: The accompanying schedule of expenditures of federal awards (the “Schedule”) includes the federal
grant activity of Aiken County, South Carolina (the “County”), and is presented on the modified
accrual basis of accounting for governmental fund types and the accrual basis of accounting for the
proprietary fund types. The County reporting entity is described in Note 1 to the County’s basic
financial statements.
The information in this Schedule is presented in accordance with the requirements of Title 2 U.S.
Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost
Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Therefore, some
amounts presented in the Schedule may differ from amounts presented in, or used in the
preparation of, the basic financial statements.
De Minimis Rate Used: N
Rate Explanation: The County chose not to use the ten percent de Minimis indirect cost rate for the year ended
June 30, 2023.
NOTE 1. BASIS OF PRESENTATION
The accompanying schedule of expenditures of federal awards (the “Schedule”) includes the federal
grant activity of Aiken County, South Carolina (the “County”), and is presented on the modified
accrual basis of accounting for governmental fund types and the accrual basis of accounting for the
proprietary fund types. The County reporting entity is described in Note 1 to the County’s basic
financial statements.
The information in this Schedule is presented in accordance with the requirements of Title 2 U.S.
Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost
Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Therefore, some
amounts presented in the Schedule may differ from amounts presented in, or used in the
preparation of, the basic financial statements.
Title: 2
Accounting Policies: The accompanying schedule of expenditures of federal awards (the “Schedule”) includes the federal
grant activity of Aiken County, South Carolina (the “County”), and is presented on the modified
accrual basis of accounting for governmental fund types and the accrual basis of accounting for the
proprietary fund types. The County reporting entity is described in Note 1 to the County’s basic
financial statements.
The information in this Schedule is presented in accordance with the requirements of Title 2 U.S.
Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost
Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Therefore, some
amounts presented in the Schedule may differ from amounts presented in, or used in the
preparation of, the basic financial statements.
De Minimis Rate Used: N
Rate Explanation: The County chose not to use the ten percent de Minimis indirect cost rate for the year ended
June 30, 2023.
NOTE 2. DE MINIMIS INDIRECT COST RATE
The County chose not to use the ten percent de Minimis indirect cost rate for the year ended
June 30, 2023.
Title: 3
Accounting Policies: The accompanying schedule of expenditures of federal awards (the “Schedule”) includes the federal
grant activity of Aiken County, South Carolina (the “County”), and is presented on the modified
accrual basis of accounting for governmental fund types and the accrual basis of accounting for the
proprietary fund types. The County reporting entity is described in Note 1 to the County’s basic
financial statements.
The information in this Schedule is presented in accordance with the requirements of Title 2 U.S.
Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost
Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Therefore, some
amounts presented in the Schedule may differ from amounts presented in, or used in the
preparation of, the basic financial statements.
De Minimis Rate Used: N
Rate Explanation: The County chose not to use the ten percent de Minimis indirect cost rate for the year ended
June 30, 2023.
NOTE 3. NON-CASH AWARDS AND LOANS
There were no federal awards expended in the form of noncash assistance during the fiscal year.
There were also no loans or loan guarantees outstanding at year end.