Notes to SEFA
Title: AMERICAN RESCUE PLAN ACT OF 2023
Accounting Policies: Expenditures reported on the Schedule are reported on the cash basis of accounting, which is a comprehensive basis of accounting other than accounting principles generally accepted in the United States of America. The cash basis recognizes revenue when received, and expenditures are recognized when the obligation is paid. Such expenditures are recognized following the cost principles contained in the Uniform Guidance and OMB Circular A-87, Cost Principles for State, Local and Indian Tribal Governments, wherein certain types of expenditures are not allowable or are limited as to reimbursement.The County has elected to not use the 10 percent de minimis indirect cost rate as allowed under the Uniform Guidance.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
During the years ended December 31, 2022 and 2021, the County received $7,659,984 and $7,659,883, respectively, in Coronavirus State and Local Fiscal Recovery Funds from the American Rescue Plan Act of 2021 (ALN #21.027), totaling $15,319,967. During the 1st quarter of 2022, the County elected the option of assigning $10,000,000 of the total ARPA funds received for standard revenue replacement. The reported subcategory for the $10,000,000 in ARPA funds was 6.1: Provision of Government Services with the project identified as for Public Safety Infrastructure. As of December 31, 2022, the County has obligated the full $10,000,000 but, under the cash basis of accounting, has reported $0 in expenditures. The remaining $5,319,767 in ARPA funds was reported under subcategory 3.4: Public Sector Capacity: Effective Service Delivery with the project being identified as for emergency operations centers and acquisition of emergency response equipment. As of December 31, 2022, the County has obligated $1,099,335 and under the cash basis of accounting, has reported expenditures totaling $498,460. To complete the identified project, the County anticipates obligating the remaining funds during the year ended December 31, 2023.