Audit 1350

Accounting Policies: Note 1 -- Summary of Significant Accounting Policies General The accompanying Schedule of Expenditures of Federal Awards presents the activity of all federal award programs of Clinton County, Illinois. The County’s reporting entity is defined in Note 1 to the County’s financial statements. Federal awards passed through other government agencies are included on the schedule. Basis of Accounting The accompanying Schedule of Expenditures of Federal Awards is presented using the modified cash basis of accounting, which is described in Note 1 to the County’s financial statements. Relationship to Basic Financial Statements Federal awards received are reflected in the County’s financial statements within the ARP, Health and General Fund as revenues from grant sources or other reimbursements. Relationship to Program Financial Reports Amounts reported in the accompanying Schedule of Expenditures of Federal Awards agree with amounts reported in the Program Financial Reports for programs which have filed reports as of November 30, 2022. De Minimis Rate Used: N Rate Explanation: THE AUDITEE DID NOT USE THE DE MINIMIS COST RATE