Audit 20286

Accounting Policies: NOTES TO SCHEDULE OF EXPENDITURES OF FEDERAL AWARDSFor the year ended December 31, 2022 Note A: Basis of Presentation The accompanying schedule of expenditures of federal awards (Schedule 5) includes the federal award activity of Grant County, Kansas under programs of the federal government for the year ended December 31, 2022. The information in this Schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Because the Schedule presents only a selected portion of the operations of Grant County, Kansas, it is not intended to and does not present the aggregate cash and unencumbered cash balances and receipts and expenditures of Grant County, Kansas. Note B: Summary of Significant Accounting Policies Expenditures reported on the accompanying Schedule of Expenditures of Federal Awards are reported on the regulatory basis of accounting, which are accounting practices prescribed by the State of Kansas and are described in Note 1 to Grant County, Kansas regulatory basis financial statement. Note C: Indirect Cost Rate Grant County, Kansas has elected not to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate.