Notes to SEFA
Title: Note 3 - Noncash Awards
Accounting Policies: This Schedule is prepared on the same basis of accounting as Pacific County's financial statements. Pacific County uses the cash basis.
De Minimis Rate Used: N
Rate Explanation: Pacific County has not elected to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance. The amount expended includes $94,850 claimed as an indirect cost recovery for the Health Department, using an approved indirect cost rate of 12.87 percent. For the remainder of the County, the amount expended includes $29,231 claimed as an indirect cost recovery using an approved indirect cost rate of 13.19 percent.
The amount of vaccines reported on the Schedule is the value of vaccines received by the county during current year and priced as prescribed by the federal government. The amount is 16,688.70 for a total of 310 vaccines, both child and adult.
Title: Note 4 - COVID-19 Vaccines
Accounting Policies: This Schedule is prepared on the same basis of accounting as Pacific County's financial statements. Pacific County uses the cash basis.
De Minimis Rate Used: N
Rate Explanation: Pacific County has not elected to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance. The amount expended includes $94,850 claimed as an indirect cost recovery for the Health Department, using an approved indirect cost rate of 12.87 percent. For the remainder of the County, the amount expended includes $29,231 claimed as an indirect cost recovery using an approved indirect cost rate of 13.19 percent.
The Health Department received a total of 1,700 COVID-19 vaccine doses in 2022. The cash value is not stated in the reports.
Title: Note 5 - Programs Costs
Accounting Policies: This Schedule is prepared on the same basis of accounting as Pacific County's financial statements. Pacific County uses the cash basis.
De Minimis Rate Used: N
Rate Explanation: Pacific County has not elected to use the 10-percent de minimis indirect cost rate allowed under the Uniform Guidance. The amount expended includes $94,850 claimed as an indirect cost recovery for the Health Department, using an approved indirect cost rate of 12.87 percent. For the remainder of the County, the amount expended includes $29,231 claimed as an indirect cost recovery using an approved indirect cost rate of 13.19 percent.
The amounts shown as current year expenditures represent only the federal award portion of the program costs. Entire program costs, including the county's portion, are more than shown. Such expenditures are recognized following the cost principles contained in Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards, wherein certain types of expenditures are not allowable or are limited as to reimbursement.