Notes to SEFA
Title: Soil and Water Resource Management Activities
Accounting Policies: The accompanying schedule of expenditures of federal and state awards (the “Schedule”) includes the federal and state award activity of Buffalo County under programs of the federal and state government for the year ended December 31, 2022. 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), and the State of Wisconsin Single Audit Guidelines. Because the Schedule presents only a selected portion of the operations of Buffalo County, it is not intended to, and does not, present the financial position, changes in net position, or cash flows of Buffalo County. Expenditures reported on 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. Negative amounts shown on the Schedule represent adjustments or credits made in the normal course of business to amounts reported as expenditures in prior years.
De Minimis Rate Used: N
Rate Explanation: N/A
Detail of the sources and uses of the Soil and Water Resource Management (SWRM) Activities program for County Staff and Support and Land and Water Resource Management (LWRM) Plan Implementation for 2022 are as follows:
SWRM Receipts from State $107,652 less beginning receivable $107,652 plus ending receivable $185,271 equals $185,271 plus local share $0 equaling total sources of $185,271. Uses reimbursed staff and support $185,271. LWRM Receipts from State $73,492
less beginning receivable $73,492 plus ending receivable $24,755 equals $24,755 plus local share $0 equaling total sources of
$24,755. Uses total cost share payments $24,755.
Title: Audit of State Adjustment Cut-Off Date
Accounting Policies: The accompanying schedule of expenditures of federal and state awards (the “Schedule”) includes the federal and state award activity of Buffalo County under programs of the federal and state government for the year ended December 31, 2022. 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), and the State of Wisconsin Single Audit Guidelines. Because the Schedule presents only a selected portion of the operations of Buffalo County, it is not intended to, and does not, present the financial position, changes in net position, or cash flows of Buffalo County. Expenditures reported on 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. Negative amounts shown on the Schedule represent adjustments or credits made in the normal course of business to amounts reported as expenditures in prior years.
De Minimis Rate Used: N
Rate Explanation: N/A
The schedule of expenditures of federal and state awards includes adjustments through the May 1, 2023 (092212) payment date, Community Aids Reporting System (CARS) reports and the December 2022 SPARC reports.