Notes to SEFA
Title: HHS CARES ACT
Accounting Policies: Expenditures for direct and indirect costs are recognized as incurred using the accrual method of accounting and the cost accounting principles contained in the Uniform Guidance, as applicable. Under these cost principles, certain types of expenditures are not allowable or are limited as to reimbursement.
De Minimis Rate Used: Both
Rate Explanation: If necessary, the Hospital will elect to use the 10% de minimis indirect cost rate as allowed under the Uniform Guidance.
The Schedule includes grant activity related to HHS CARES Act Assistance Listing Number 93.498. As required based on guidance in the 2022 OMB Compliance Supplement, the Schedule includes all Period 1 funds received between July 1, 2021 and December 31, 2021 and expended by December 31, 2022 as reported to the Health Resources and Services Administration (HRSA) Agency via the Provider Relief Fund Reporting Portal. The Schedule includes $2,154,485 of direct expenditures.
Title: US DEPT HOMELAND SECURITY DISASTER GRANTS - PUBLIC ASSISTANCE
Accounting Policies: Expenditures for direct and indirect costs are recognized as incurred using the accrual method of accounting and the cost accounting principles contained in the Uniform Guidance, as applicable. Under these cost principles, certain types of expenditures are not allowable or are limited as to reimbursement.
De Minimis Rate Used: Both
Rate Explanation: If necessary, the Hospital will elect to use the 10% de minimis indirect cost rate as allowed under the Uniform Guidance.
The Schedule includes expenditures totaling $282,392 being reported under the United States Department of Homeland Security Federal Emergency Management Agency (FEMA) Assistance Listing Number 97.036, Department of Homeland Security Disaster Grants Public Assistance (Presidentially Declared Disasters). The Hospital's Project Worksheet covering these expenditures was approved by FEMA during the year ended December 31, 2022 and, in accordance with the 2022 OMB Compliance Supplement, these expenditures are therefore reported on the Schedule during the year ended December 31, 2022.
Title: Donated Personal Protective Equipment (PPE) Unaudited
Accounting Policies: Expenditures for direct and indirect costs are recognized as incurred using the accrual method of accounting and the cost accounting principles contained in the Uniform Guidance, as applicable. Under these cost principles, certain types of expenditures are not allowable or are limited as to reimbursement.
De Minimis Rate Used: Both
Rate Explanation: If necessary, the Hospital will elect to use the 10% de minimis indirect cost rate as allowed under the Uniform Guidance.
During the year ended December 31, 2022, the Hospital did not receive donated PPE.