Notes to SEFA
Title: Loan/loan guarantee outstanding balances
Accounting Policies: The accompanying schedule of expenditures of federal awards includes the federal grant activity of South Metro Human Services d/b/a RADIAS Health and is presented on the accrual basis of accounting. The information in this schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administration Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Because the schedule presents only a selected portion of the operations of South Metro Human Services d/b/a RADIAS Health, it is not intended to and does not present the financial position, changes in net assets, or cash flows of South Metro Human Services d/b/a RADIAS Health.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
COMMUNITY DEVELOPMENT BLOCK/GRANTS/ENTITLEMENT GRANTS (14.218) - Balances outstanding at the end of the audit period were 100000.