Notes to SEFA
Accounting Policies: The accompanying schedule of expenditures of federal awards (the Schedule) includes the federal grant activity of OhioHealth Corporation (the Corporation) under programs of the federal government for the year ended June 30, 2022. 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 (the Uniform Guidance). Because the Schedule presents only a selected portion of the operations of the Corporation, it is not intended to and does not present the financial position, changes in net assets, or cash flows of the Corporation. Expenditures reported in the Schedule are reported on the accrual basis of accounting. 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 except for expenditures related to Assistance Listing Numbers (ALN) 21.019, Coronavirus Relief Fund (CRF), and 93.498, Provider Relief Fund (PRF) and American Rescue Plan (ARP) Rural Distribution. ALN 21.019 and 93.498 do not apply 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, but rather apply the U.S. Department of the Treasurys guidance for CRF and U.S. Department of Health and Human Services (HHS) guidance. For the ALN 93.498 program, HHS has indicated that the amounts on the Schedule must be reported in correspondence with the reporting requirements of the HHS Reporting Portal. The payments from HHS under ALN 93.498 are assigned to a specific payment received period (each, a "period") based upon the date each payment was received. Each Period has a specified period of availability and timing of reporting requirements. Entities report into the HHS Reporting Portal after each periods deadline to use the funds (i.e., after the end of the period of availability). The pass through entity identifying numbers are presented where available. The Corporation has elected to use the 10 percent de minimis indirect cost rate to recover indirect costs, as allowed under the Uniform Guidance.
De Minimis Rate Used: Y
Rate Explanation: The auditee used the de minimis cost rate.