Audit 114

Title: Basis of Presentation Accounting Policies: Expenditures reported on the Schedule are reported on the cash basis of accounting. Such expenditures are recognized following the cost principles contained in Title 2 U.S. CFR Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards, wherein certain types of expenditures are not allowable or are limited as to reimbursement. Negative amounts shown on the Schedule, if any, represent adjustments or credits made in the normal course of business to amounts reported as expenditures in prior year. Pass-through entity identifying numbers are presented where available. De Minimis Rate Used: N Rate Explanation: Vermont Public Health Association, Inc. has elected to use the 10-percent de minimus indirect cost rate as allowed under the Uniform Guidance. The accompanying schedule of expenditures of federal awards includes the federal grant activity of Vermont Public Health Association, Inc. and is presented on the cash basis of accounting. 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. Because the schedule presents only a selected portion of the operations of Vermont Public Health Association, Inc., and it is not intended to and does not present the financial position, changes in net assets, or cash flows of Vermont Public Health Association, Inc.

Title: Subrecipients Accounting Policies: Expenditures reported on the Schedule are reported on the cash basis of accounting. Such expenditures are recognized following the cost principles contained in Title 2 U.S. CFR Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards, wherein certain types of expenditures are not allowable or are limited as to reimbursement. Negative amounts shown on the Schedule, if any, represent adjustments or credits made in the normal course of business to amounts reported as expenditures in prior year. Pass-through entity identifying numbers are presented where available. De Minimis Rate Used: N Rate Explanation: Vermont Public Health Association, Inc. has elected to use the 10-percent de minimus indirect cost rate as allowed under the Uniform Guidance. Subrecipient Amount Northern County Health Care $ 78,809 Social Tinkering 63,279 Bennington County Regional Commission 47,666 Southeastern Vermont Community Action 29,497 Lamoille Health Partners, Inc. 28,334 Public Health Council of Upper Valley 24,187 United Way of Northwest Vermont 23,527 United Way of Windham County 19,108 Washington County Mental Health Services 10,000 Central Vermont Medical Center 4,166 Porter Medical Center 4,015 $ 332,586