Audit 17572

Title: Loan/loan guarantee outstanding balances Accounting Policies: Basis of Presentation: The accompanying schedule of expenditures of federal awards (the Schedule) includes the federalaward activity of Darke County Recovery Services, Inc. under programs of the federal government forthe year ended June 30, 2022. The information in this Schedule is presented in accordance with therequirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform AdministrativeRequirements, Cost Principles, and Audit Requirements of Federal Awards (Uniform Guidance).Because the Schedule presents only a selected portion of the operations of Darke County RecoveryServices, Inc., it is not intended to and does not present the financial position, changes in net assets, orcash flows of Darke County Recovery Services, Inc. Significant Accounting Policies: (1) Expenditures reported on the Schedule are reported on the accrual basis of accounting. Suchexpenditures are recognized following the cost principles contained in the Uniform Guidance, whereincertain types of expenditures are not allowable or are limited as to reimbursement. (2) There were no sub-recipients for the year ended June 30, 2022. (3) The Agency's Provider Relief Funds (PRF) Phase 2 funds, of $118,021, have been recognized asrevenue for the year ended June 30, 2021, and has been included on the Schedule for the year endedJune 31, 2022. The Agency recognized Phase 4 PRF revenue of $53,229 for the year ended June 30,2022, which is excluded from the Schedule for the year ended June 30, 2022, as required by the Officeof Management and Budget's Compliance Supplement. Phase 4 PRF will be recognized on theSchedule in a future period. De Minimis Rate Used: N Rate Explanation: Darke County Recovery Services, Inc. has elected not to use the 10% de minimis indirect cost rateas allowed under the Uniform Guidance. DISASTER ASSISTANCE LOANS (59.008) - The outstanding loan balance at June 30, 2022 was $500,000.