Title: Financial Reporting Entity
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards (the "Schedule") includes the federal award activity of the County of Westchester, New York (County) 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 the Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles and Audit Requirements for Federal Awards (Uniform Guidance). Because the Schedule presents only a selected portion of the operations of the County, it is not intended to and does not present the financial position, changes in net position or cash flows of the County. Expenditures reported on the Schedule are reported on the modified accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis indirect cost rate.
The reporting entity consists of a) the primary government, which is the County of Westchester, New York (County), b) organizations for which the County is financially accountable, and c) other organizations for which the nature and significance of their relationship with the County are such that exclusion would cause the reporting entitys financial statements to be misleading or incomplete as set forth by GASB.The Countys financial statements include the activity of three discretely presented component units. Of those, only the Westchester Community College (College) had expenditures of federal awards. Accordingly, the accompanying Schedule of Expenditures of Federal Awards includes the federal award activity of the College.
Title: Westchester Community College
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards (the "Schedule") includes the federal award activity of the County of Westchester, New York (County) 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 the Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles and Audit Requirements for Federal Awards (Uniform Guidance). Because the Schedule presents only a selected portion of the operations of the County, it is not intended to and does not present the financial position, changes in net position or cash flows of the County. Expenditures reported on the Schedule are reported on the modified accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis indirect cost rate.
Prior Perkins Loans. Westchester Community College ("College") is collecting outstanding loans on the Perkins program. Perkins Loan Program - NDSL: Federal Assistance Listing Number 84.038. Loans Extended: None. Outstanding Principal Balance at August 31, 2022: $202,599. The College no longer participates in this Perkins Loan program but is collecting outstanding balances on the loans. The loans, the proceeds of which were received and expended in prior years, are not considered federal awards expended since the federal statutes, regulations, and terms and conditions of federal awards pertaining to such loans impose no continuing compliance requirements other than to pay the loans.
Title: Fair Value of Noncash Awards
Accounting Policies: The accompanying Schedule of Expenditures of Federal Awards (the "Schedule") includes the federal award activity of the County of Westchester, New York (County) 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 the Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles and Audit Requirements for Federal Awards (Uniform Guidance). Because the Schedule presents only a selected portion of the operations of the County, it is not intended to and does not present the financial position, changes in net position or cash flows of the County. Expenditures reported on the Schedule are reported on the modified accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
De Minimis Rate Used: N
Rate Explanation: The auditee did not use the de minimis indirect cost rate.
Included in the amount reported for Assistance Listing No. 10.557, Special Supplemental Nutrition Program for Women, Infants and Children (WIC), is $5,548,120 for the fair market value of the redeemed food instrument issuances. A food instrument is an electronic benefits transfer where the food benefits are automatically added onto a card, similar to a debit card. The cards are produced through the New York State WIC Statewide Information System and are issued to WIC participants and may be redeemed to obtain WIC approved foods/formula from authorized vendors.Included in the amount reported for Assistance Listing No. 93.575, Child Care and Development Block Grant, is $17,605 for immunizations services.