Notes to SEFA
Title: General
Accounting Policies: General, Basis of Accounting and Indirect Cost Rate
De Minimis Rate Used: Y
Rate Explanation: The auditee used the de minimis cost rate
The schedule of expenditures of federal awards (the “Schedule”) presents the activity of all federal programs of Broward Regional Health Planning Council, Inc. and Subsidiaries (the “Council”) 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 the Council, it is not intended to and does not represent the financial position, changes in net assets or cash flows of the Council.
Title: Basis of Accounting
Accounting Policies: General, Basis of Accounting and Indirect Cost Rate
De Minimis Rate Used: Y
Rate Explanation: The auditee used the de minimis cost rate
Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
Title: Indirect Cost Rate
Accounting Policies: General, Basis of Accounting and Indirect Cost Rate
De Minimis Rate Used: Y
Rate Explanation: The auditee used the de minimis cost rate
The Council has elected to use the 10% de minimis indirect cost rate as allowed under the Uniform Guidance.