FAC Explorer

Audit 15547

FY End
2023-06-30
Total Expended
$3.65M
Findings
0
Programs
16
Organization: Southwest Tennessee Development District (TN)
Year: 2023 Accepted: 2024-02-05
Auditor: Godwin & Associates PLLC

Organization Exclusion Status:

Findings

No findings recorded

Programs

ALN Program Spent Major Findings
93.045 Special Programs for the Aging_title Iii, Part C_nutrition Services $1.27M Yes 0
93.044 Special Programs for the Aging_title Iii, Part B_grants for Supportive Services and Senior Centers $593,276 Yes 0
93.052 National Family Caregiver Support, Title Iii, Part E $330,180 - 0
93.778 Medical Assistance Program $271,489 - 0
20.205 Highway Planning and Construction $142,697 - 0
93.053 Nutrition Services Incentive Program $127,786 Yes 0
93.071 Medicare Enrollment Assistance Program $85,073 - 0
11.302 Economic Development_support for Planning Organizations $70,000 - 0
93.324 State Health Insurance Assistance Program $69,452 - 0
11.307 Economic Adjustment Assistance $50,876 - 0
15.904 Historic Preservation Fund Grants-in-Aid $41,089 - 0
93.747 Elder Abuse Prevention Interventions Program $34,705 - 0
93.043 Special Programs for the Aging_title Iii, Part D_disease Prevention and Health Promotion Services $28,500 - 0
93.042 Special Programs for the Aging_title Vii, Chapter 2_long Term Care Ombudsman Services for Older Individuals $24,499 - 0
93.041 Special Programs for the Aging_title Vii, Chapter 3_programs for Prevention of Elder Abuse, Neglect, and Exploitation $3,500 - 0
10.561 State Administrative Matching Grants for the Supplemental Nutrition Assistance Program $1,009 - 0

Contacts

Name Title Type
QMLJNFDSJNK4 Kim Essary Auditee
7316687112 Mark Godwin Auditor
No contacts on file

Notes to SEFA

Title: Basis of Presentation Accounting Policies: Modified accrual basis of accounting De Minimis Rate Used: N Rate Explanation: The District negotiates an indirect cost rate plan. The accompanying schedule of expenditures of federal awards includes the federal grant activity of Southwest Tennessee Development District and is presented on the accrual basis of accounting.
Title: Summary of Significant Accounting Policies and Indirect Cost Rate Accounting Policies: Modified accrual basis of accounting De Minimis Rate Used: N Rate Explanation: The District negotiates an indirect cost rate plan. Expenditures reported on the Schedule are reported on the modified 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. The District annually negotiates an indirect cost rate plan. The District elected not to use the 10% de minimis indirect cost rate allowed under Uniform Guidance.
Title: Revolving Loan Fund (Economic Adjustment Assistance Program) Accounting Policies: Modified accrual basis of accounting De Minimis Rate Used: N Rate Explanation: The District negotiates an indirect cost rate plan. Expenditure calculation for this program was as follows: (Cash ($62,062) + Outstanding loan balances ($440,500) + Adminstrative costs ($4,443)) multiplied by federal sahre (100%) equals $507.005.