Notes to SEFA
Title: Note 4: Subrecipients
Accounting Policies: The accompanying schedules of expenditures of federal and state awards (Schedules) include the federal and state award activity of BCFS HHS under programs of the federal and state governments for the year ended August 31, 2022. The accompanying notes are an integral part of these Schedules. The information in these Schedules 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), and the Texas Grant Management Standards (TxGMS). Because the Schedules present only a selected portion of the operations of BCFS HHS, it is not intended to and does not present the financial position, changes in net assets or cash flows of BCFS HHS. Expenditures reported on the Schedules are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in Uniform Guidance or the cost principles contained in the TxGMS, wherein certain types of expenditures are not allowable or are limited as to reimbursement. Negative amounts shown on the Schedules, if any, represent adjustments or credits made in the normal course of business to amounts reported as expenditures in prior years.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
Of the federal expenditures presented in the Schedules, BCFS HHS provided no federal awards to subrecipients.
Title: Note 5: Federal Loan Programs
Accounting Policies: The accompanying schedules of expenditures of federal and state awards (Schedules) include the federal and state award activity of BCFS HHS under programs of the federal and state governments for the year ended August 31, 2022. The accompanying notes are an integral part of these Schedules. The information in these Schedules 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), and the Texas Grant Management Standards (TxGMS). Because the Schedules present only a selected portion of the operations of BCFS HHS, it is not intended to and does not present the financial position, changes in net assets or cash flows of BCFS HHS. Expenditures reported on the Schedules are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in Uniform Guidance or the cost principles contained in the TxGMS, wherein certain types of expenditures are not allowable or are limited as to reimbursement. Negative amounts shown on the Schedules, if any, represent adjustments or credits made in the normal course of business to amounts reported as expenditures in prior years.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis cost rate.
BCFS HHS did not have any federal loan programs during the year ended August 31, 2022.