Audit 22009

Title: GRANT NUMBER/PASS-THROUGH ENTITY NUMBER Accounting Policies: The accompanying schedule of expenditures of federal awards includes the federal grant activity of Cincinnati-Hamilton County Community Action Agency 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 (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Since the schedule presents only a selected portion of the operations of Cincinnati-Hamilton County Community Action Agency, it is not intended to, and does not, present the financial position, changes in net assets, or cash flows of Cincinnati-Hamilton County Community Action Agency. In accordance with the grant award budgets approved by the funding sources, equipment is charged to expense during the period in which it is purchased, instead of being recognized as an asset and depreciated over its useful life for grant reporting purposes. As a result, the expenses reflected on the schedule of expenditures of federal awards include the cost of the equipment that has been purchased or leased during the year, rather than a provision for depreciation. De Minimis Rate Used: N Rate Explanation: The auditee did not use the de minimis cost rate. N/A Indicates no pass-through number assigned by the grantor.