Notes to SEFA
Title: Note 4 - Pass-through to Subrecipients
Accounting Policies: Basis of Presentation - The accompanying Schedule of Expenditures of Federal Awards presents the activity of all federal award programs administered by Seneca Highlands Intermediate Unit Nine, an entity that is defined in Note 1 of the basic financial statements. The information in the 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). Federal awards received directly from Federal agencies as well as federal awards passed through from other government agencies are included in this Schedule.
De Minimis Rate Used: N
Rate Explanation: Note 3 - Indirect Cost Rate - The Unit has elected not to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance in the current year but rather indirect costs are allocated on a percentage provided by the grantor.
For certain grants the Intermediate Unit acts as the pass-through entity, whereby Federal awards are passed through to subrecipients. The grants passed through during the fiscal year ended June 30, 2022 are as follows: Grant Name/CFDA #/Amount COVID-19 ARP IDEA, Part B/84.027X/$512,551; IDEA/84.027/1,509,800; IDEA Preschool/84.173/38,532; Title I/84.010/285,855; Title IIA/84.367/67,544; Title IV/84.424/35,748; ELECT/93.558/202,030.
Title: Note 2 - Basis of Accounting
Accounting Policies: Basis of Presentation - The accompanying Schedule of Expenditures of Federal Awards presents the activity of all federal award programs administered by Seneca Highlands Intermediate Unit Nine, an entity that is defined in Note 1 of the basic financial statements. The information in the 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). Federal awards received directly from Federal agencies as well as federal awards passed through from other government agencies are included in this Schedule.
De Minimis Rate Used: N
Rate Explanation: Note 3 - Indirect Cost Rate - The Unit has elected not to use the 10% de minimis indirect cost rate allowed under the Uniform Guidance in the current year but rather indirect costs are allocated on a percentage provided by the grantor.
The Intermediate Unit utilizes the modified accrual basis of accounting for each federal program, consistent with the fund basis financial statements.